Emesa finds Mexican partner for 50-MW wind project in Argentina
Wind turbine in Argentina. Author: PABLO GONZALEZ.
Emesa, the energy company of Argentina’s Mendoza province, and Mexican firm TTX Development will together develop a 50-MW wind project.
Located in San Rafael city, Mendonza province, the El Sosneado wind project will require an investment of about USD 70 million (EUR 64.2m), the local government announced on Sunday. It is among the winners in the RenovAr 1.5 renewable energy auction.
Once up and running, the wind park will be able to meet the demand of 100,304 families. There also plans to expand El Sosneado to reach up to 100 MW, according to the press release.
Under the partnership agreement, Emesa will transfer to TXX the project and the contract for purchase and sale of electricity from the park with Argentina's wholesale power market administrator Cammesa. In turn, the Mexican company will finance the construction and operation of El Sosneado and will receive, together with Emesa, the economic benefits of the sale of energy.