IEnova, InterGen start 155-MW wind farm construction in Mexico
Sep 12, 2014 - Mexican energy firm IEnova (BMV:IENOVA) and US power producer InterGen have started construction of their 155-MW wind farm in Tecate municipality, northwestern Mexico, the government of Baja California state said Wednesday.
The plant will go on stream in 2015 with 47 turbines, the first phase of the Sierra Juarez wind project. The output will be exported to the US under a 20-year contract with Sempra Energy's (NYSE:SRE) San Diego Gas & Electric Co.
The next three phases of the project could be developed by 2023, with an estimated USD 1.94 billion (EUR 1.5bn), Carlos Loyola from IEnova said.
The company foresees a total capacity of up to 1,200 MW for Sierra Juarez, according to its reports.
IEnova, run by Sempra Energy, focuses on gas pipelines and power plants in Mexico, with investments of nearly USD 2.4 billion until the end of 2013.
Diana Hristova is our expert for Latin America. She has spent several years following the diverse industries in the region, the energy sector most of all. Now Diana is exploring Latin America’s huge wind, solar, geothermal and hydropower potential.