EDF La Ventosa

completed

Eléctrica del Valle de México S. de R.L. de C.V. (“EVM” or the “Company”), an affiliate of Électricité de France (“EDF”), is currently developing and constructing a 67.5 MW greenfield wind power plant that consists of the installation of 27 Clipper “Liberty” wind turbine generators with a nominal capacity of 2.5 MW each, an associated substation and control facilities, and a 115 kV transmission line from the Project site to the Juchitán II substation of Comisión Federal de Electricidad (“the Project”). The Project is located in the Ejidos (communally-owned lands) of La Mata and La Ventosa in the Isthmus of Tehuantepec, 15 km north of the city of Juchitán in the State of Oaxaca, Mexico. The Isthmus of Tehuantepec has one of the most prolific wind resources globally, and the Project is expected to produce approximately 290 GWh annually on average over a 10 year period, which corresponds to approximately 49% capacity utilization. The Project is being developed under Mexico’s self-supply or “autoabastecimiento” framework and will sell its energy to four subsidiaries of Wal-Mart de Mexico S. A.B. de C.V. under 15-year self supply power purchase agreements. The Project is configured as a line of 20 turbines in La Mata and a separate line of seven turbines in La Ventosa, both of which are approximately 2.5 km from nearest community. Total physical Project footprint with affect approximately 16 hectares (that is, less than 0.05% of total Ejido land in La Mata and La Ventosa). Currently, there are approximately a total 14 wind projects in different stages of development by different companies in the Isthmus, including the 250 MW EURUS wind power Project developed by Acciona, which is also being considered for IFC investment under a different operation. Project construction is reaching completion: all 27 turbines are erected, the substation and control facilities are complete and the transmission line is completed.