Macquarie agrees to acquire 90% stake in Mexican solar portfolio

Subscribe to our newsletter and get the latest news and business opportunities in your inbox

Macquarie Group has announced that Macquarie Infrastructure and Real Assets (MIRA) has agreed to acquire a 90% stake in a portfolio of solar power plants located in northern Mexico. The remaining 10% stake is held by Eosol Invest Mexico Uno, S.L., a subsidiary of Spanish developer, Eosol.

The portfolio consists of two operational photovoltaic plants, with a combined 67 MW installed capacity, one 109 MW plant currently under construction, and two plants planned to enter construction before the end of this year and have a combined installed capacity of 146 MW.

The EPC contractor of the portfolio is TSK Electrónica y Electricidad S.A. The 109 MW plant is being financed by Nacional Financiera S.A. (NAFINSA).

No financial details of the transaction have been disclosed.
List of the country updates

Country updates

  • August 17, 2018

    New Fortress Energy starts construction of natural gas terminal in Mexico

    New Fortress Energy has held a ground-breaking ceremony for a liquefied natural gas (LNG) import terminal in the port of Pichilingue, Baja California Sur, Mexico. The company was...

    Read more
  • August 14, 2018

    Zuma Energia announced the Reynosa wind farm has started commerical operations

    Zuma Energia has recently completed the 424 MW Parque Eolico Reynosa wind park, the largest of its kind in Latin America according to the Government of Tamaulipas. The wind project represents an...

    Read more
  • August 07, 2018

    Canadian Solar Inc has announced the financial close of the Aguascalientes project

    Canadian Solar Inc. has closed a US$45 million financing with Natixis, an arm of Groupe BPCE, the second largest banking group in France. Proceeds from the non-recourse f...

    Read more
  • August 03, 2018

    JA Solar supplying modules for 404 MW solar project in Mexico's Sonoran Desert

    JA Solar Holdings Co. has announced that it is supplying 404 MW of its high-efficiency photovoltaic (PV) modules to a solar power station located in Puerto Libertad, Mexico, being developed...

    Read more
  • July 18, 2018

    Acciona secures US$264 million for 400 MW solar project in Mexico

    Acciona has announced that, alongside Tuto Energy, it has signed a financing agreement for the 404 MWp Puerto Libertad photovoltaic complex in Sonora, north-west Mexico. The two compani...

    Read more

Share this update