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Aguascalientes solar plant

Sector: Solar • Location: Mexico

Source: World Bank Group

Project
Active

The project entails the construction of a 68 MW solar plant in Aguascalientes, Mexico. Sponsor of the project is the Chinese-Canadian PV module maker Canadian Solar Inc. Financing of the project is secured by a $ 45 million loan provided by Natixis. The project was awarded to the sponsor under Mexico’s first long-term energy auction, which was held by the Mexican government in 2016. The generated

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The project “Aguascalientes solar plant” is an infrastructure initiative in the Solar sector, located in Mexico. Taiyo aggregates data on it from World Bank Group.

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Description

Description

The project entails the construction of a 68 MW solar plant in Aguascalientes, Mexico. Sponsor of the project is the Chinese-Canadian PV module maker Canadian Solar Inc. Financing of the project is secured by a $ 45 million loan provided by Natixis. The project was awarded to the sponsor under Mexico’s first long-term energy auction, which was held by the Mexican government in 2016. The generated electricity will be sold to the Federal Electricity Commission under a 15-year PPA for energy and capacity, and a 20 year agreement for Clean Energy Certificates. The plant started commercial operation in January 2019. Financial close took place on August 7, 2018. On 23 May 2019, it was announced that Canadian Solar completed the sale of the plant to BlackRock Infrastructure Fund II. https://www.prnewswire.com/news-releases/canadian-solar-completes-sale-of-aguascalientes-solar-project-to-blackrock-300855722.html https://www.pv-magazine.com/2018/08/07/canadian-solar-secures-funds-for-68-mw-mexican-project/

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