Bii Stinu Wind Energy Project

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The Japanese company Mitsui (50%) and the French company EDF (50%) announced the development the Bii Stinu Wind Energy Project in Oaxaca, Mexico (164 MW in capacity). The Project obtained the Generation Permit from the CRE (Energy Regulatory Commission or Comision Reguladora de Energía) on March 2005, and several Power Purchase Agreements with the consuming partners have already been signed. The sponsors created the special purpose company EOLIATEC DEL ISTMO, S.A.P.I. DE C.V.to manage the project. Investment was estimated at US$ 400 million (Pesos 5.1 billion). Operations commenced in March 2013. In January 2009, the sponsor applied for carbon credits.