19.04.2011 16:00:00
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EDF Energies Nouvelles Acquires 324 MW of Wind Projects in Mexico
Regulatory News:
EDF EN Mexico, the mexican subsidiary of EDF Energies Nouvelles (Paris:EEN), announced the closing of an agreement to acquire two wind projects in Mexico totalling 324 megawatts from Eolia Renovables de Inversiones, a leading independent European wind and photovoltaic solar power producer.
These two wind projects under development are located in southern Mexico, in the highly windy state of Oaxaca, where EDF EN Mexico already operates the La Mata La Ventosa wind farm (67.5 MW). The first project, Eoliatec del Istmo, will have a total capacity of 164 MW, and the second, Eoliatec del Pacifico, will have a total capacity of 160 MW.
The construction of these projects is expected to commence soon for commissioning in 2012-2013. Under commercial arrangements in accordance with Mexican legislation, the electricity produced will be used by a broad array of Mexican and international groups within long-term supply agreements.
This operation strengthens EDF EN Group’s position in North America and accelerates its development in Mexico, a country with abundant wind resources and promising future for solar.
About EDF Energies Nouvelles
With operations in Europe and North America, EDF Energies Nouvelles is a
market leader in green electricity production. With a development
focused on wind energy for several years and more recently on solar
photovoltaic, the Group is also present in other segments of the
renewable energies market: small hydro, marine energy, biomass, biofuel
and biogas. In addition, the Group is expanding in the distributed
renewable energies sector.
EDF Energies Nouvelles, 50 %-owned by
the EDF Group, is listed in Euronext Paris since November 2006 (code
"EEN", ISIN code: FR0010400143).
www.edf-energies-nouvelles.com
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