Opdenergy divests majority stake in 144 MWp Mexican solar portfolio
Opdenergy has reached an agreement for the sale of an 80% interest in two solar photovoltaic plants in Mexico to Riverstone Holdings LLC. The plants on which the operation is carried out are Andalusia II, a 106 MWp photovoltaic plant located in Coahuila and PS Aguascalientes Sur I, a 38 MWp photovoltaic plant located in Aguascalientes.
Both plants are fully operational, having already reached the commercial operation start date (COD) under their respective PPA contracts in January 2020. The closing of the operation is subject to the usual regulatory approvals.
In addition, Riverstone and Opdenergy will form Vera Renovables, an 80/20 joint venture to develop, acquire and / or build new renewable energy projects in Mexico, which includes Opdenergy's photovoltaic solar energy pipeline in the country.
Country updates
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June 03, 2020
Mexico launches tender for 25 MW Los Humeros geothermal project
The Mexican government, through its Federal Electricity Commission, has launched the tender for the development of a geothermal power plant in the Los Humeros geothermal field. The project will...
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May 11, 2020
Riverstone Holdings, White Summit Capital acquires two solar projects from Jinko Solar
Jinko Solar has completed the sale of its two solar photovoltaic projects in Mexico with a combined capacity of 155 MWp to White River Renewables, a joint venture set up by Riverstone and Wh...
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May 11, 2020
CENACE suspends all performance tests for 375 MWp El Llano solar PV project in Aguascalientes
CENACE, the government body overseeing Mexico’s electricity grid, decided to suspend preoperational testing at all solar and wind energy facilities not yet in commercial operation from May 3 and...
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April 20, 2020
EDPR signs PPA with Ammper for Los Cuervos solar PV project
EDP Renováveis SA (EDPR) has signed an electricity purchase and sale agreement (PPA) with Ammper, a leading provider of energy services, to sell the energy produced by the Los Cuervos photovo...
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April 20, 2020
Iberdrola building the 200 MW Cuyoaco solar PV project in Puebla
Iberdrola is currently installing more than 730,000 solar panels in about 703 hectares of land area, while under a strict safety and health protection measures, for its 200 MW Cuy...
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