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Latino Daily News

Thursday June 27, 2013

Wind Farm Begins Operating in Nuevo Leon

Wind Farm Begins Operating in Nuevo Leon

Photo: Wind Farm in Nuevo Leon

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Eolica Santa Catarina said its $51 million wind farm in the northern Mexican state of Nuevo Leon started operating.

The facility, which has the capacity to generate 45 GW annually of electricity, uses state-of-the-art General Electric turbines.

The wind farm will supply electricity to six cities, including the industrial center of Monterrey, in Nuevo Leon, providing annual fuel savings of 15 million pesos ($1.13 million).

Foreign trade bank Bancomext provided $36 million in financing for the project, with the remaining $15 million provided by consortium partners Comexhidro Viento and NextEnergy of Mexico, and U.S.-based Conduit Capital.

“This energy is sufficient to light between 8,000 and 10,000 houses with monthly consumption of 500 kilowatts and will benefit the residents of the entire Monterrey metropolitan area,” Eolica Santa Catarina said.