May 9 (Renewables Now) - Italian energy major Enel SpA (BIT:ENEL) will invest USD 97 million (EUR 81.7m) to expand by 10% the capacity of three renewable energy plants in Mexico, the company said on Tuesday as cited by local media.
Through its local subsidiary Enel Green Power Mexico, the company has signed an agreement with the Federal Electricity Commission, or CFE, to increase the capacity of the 754-MW Villanueva and 238-MW Don Jose photovoltaic (PV) farms, and of the 93-MW Salitrillos wind park. All three are currently under construction.
More details on the expansion plans are available in the table below.
|Project||Type||Investment||Initial capacity||After expansion|
|Villanueva||Solar||USD 64.1 million||754 MW||828 MW|
|Don Jose||USD 21 million||238 MW||260 MW|
|Salitrillos||Wind||USD 12 million||93 MW||103 MW|
The planned expansion of the PV facilities is expected to be executed in the second half of 2018, while Salitrillos should commence operations in the first half of 2019.
(USD 1 = EUR 0.84)