December 17 (Renewables Now) - The North American arm of Tokyo Gas Co Ltd (TYO:9531) has acquired a 50% stake in a joint venture (JV) its parent company established with French utility Engie SA (EPA:ENGI) to build, own and operate renewable power assets in Mexico.
The Mexican-based JV, named Heolios EnTG S.A.P.I. de CV, manages 721 MW of wind and solar projects that Engie secured in the Mexican government’s renewable energy auctions.
The Helios EnTG platform marks the first international venture in renewables for the Japanese gas utility, the company said. It has already invested in two of the six initial projects that the JV helms -- the 50-MW Tres Mesas 3 wind farm and the 126-MW Trompezon solar park.
Overview of the Helios EnTG portfolio in Mexico is presented in the table below:
|Name:||Type:||Location:||Capacity:||Expected commercial operation date:|
|Tres Mesas 3||Wind||Tamaulipas||50 MW||In operation|
|Trompezon||Solar||Aguascalientes||126 MW||Under commissioning|
|Villa Ahumada||Solar||Chihuahua||150 MW||Under commissioning|
|Tres Mesas 4||Wind||Tamaulipas||96 MW||March 2020|
|Abril||Solar||Sonora||99 MW||September 2020|
|Calpulalpan||Solar||Tlaxcala||200 MW||November 2020|
Tokyo Gas America said it will work with Engie to expand the platform over the long-term.