Spain-based Acciona and TUTO Energy, part of Mexican firm Biofields, have secured $264m financing from international development and commercial banks to build a 400 MW solar plant in Sonora, Mexico. The two companies will jointly own the Puerto Libertad solar park, which will supply electricity to the Federal Electricity Commission as well as for a private purchase-and-sale contract and wholesale energy marketing. Power generated from the project will be supplied to the Federal Electricity Commission (CFE), amounting to 478.3GWh of electric power." “Solar is an important component of our strategy to diversify Mexico’s power generation mix away from fossil fuels,” said Juan Carlos de la Campa, president of Acciona. Construction has started, with completion due early next year.
Spain-based Acciona and TUTO Energy, part of Mexican firm Biofields, have secured $264m financing from international development and commercial banks to build a 400 MW solar plant in Sonora, Mexico. The two companies will jointly own the Puerto Libertad solar park, which will supply electricity to the Federal Electricity Commission as well as for a private purchase-and-sale contract and wholesale energy marketing. “Solar is an important component of our strategy to diversify Mexico’s power generation mix away from fossil fuels,” said Juan Carlos de la Campa, president of Acciona. Construction has started, with completion due early next year.