Business Services Industry
MEXICO: Joint venture construction plans for proposed $5,000,000,000 wind farm, FUHRLAENDER, DEWIND [Germany], ENDESA, IBERDROLA, GAMESA ENERGIA [Spain], FUERZA EOLICA [Mexico] & ABB OY [Finland].(includes key project contacts)(Directory)
WWP-Business Opportunities in Latin America & the Caribbean, April, 2002
PROJECT OVERVIEW:
An international consortium was recently established in view of building Mexico's first large-scale wind farm. The proposed project, to be sited on the Teheuantec isthmus in Oaxaca state, is expected to have a total installed generating capacity of 6,000 Mw. The partners in the planned undertaking include Germany-based FUHRLANDER, ENDESA, GAMESA ENERGIA, IBERDROLA and FUERZA EOLICA of Spain DEWIND and ABB OY of Finland, a subsidiary of the ABB GROUP of Sweden.
According to the terms of the agreement, the partnership will raise $5,000,000,000 in order to finance the project. In so doing, the electricity output is expected to be sold to the state-owned COMMISION FEDERAL DE ELECTRICIDAD (CFE) that is involved in the generation and...
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