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Guajiro Solar Power Plant

Sector: Commercial • Location: Mexico

Source: World Bank Group

Project
Active

The project entails the construction of a 129.5 MW solar power plant in the state of Hidalgo, Mexico. SPV of the project is Atlas Renewable Energy wholly owned by Energy Fund IV, Actis. Finance of the project is provided as a loan by Banco de Comercio Exterior (Bancomext) in the amount of $ 105.5 million. The project company signed a PPA back in 2016 for 15 years guaranteed purchase of the electri

Status
Prospective
Sector
Commercial, Power Generation (CCGT), Residential, Solar, Government
Location
Mexico
Updated
22 Jul 2026
Source
World Bank Group

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Project Information

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The project “Guajiro Solar Power Plant” is an infrastructure initiative in the Commercial sector, located in Mexico. Taiyo aggregates data on it from World Bank Group.

Participants

Sponsoring Agency

Status

Original status

Active

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

The project entails the construction of a 129.5 MW solar power plant in the state of Hidalgo, Mexico. SPV of the project is Atlas Renewable Energy wholly owned by Energy Fund IV, Actis. Finance of the project is provided as a loan by Banco de Comercio Exterior (Bancomext) in the amount of $ 105.5 million. The project company signed a PPA back in 2016 for 15 years guaranteed purchase of the electric power plus 20 years Green Certificates. The facility is expected to provide enough electricity to benefit more than 120,000 homes and generate more than 300 GW of energy per year. Financial close took place on August 27, 2018. On 10 June 2019, the plant was inaugurated having reached commercial operation on 1 May 2019 (as planned) and completing the construction process in 7 months. https://www.atlasrenewableenergy.com/en/atlas-renewable-energy-and-bancomext-announce-closing-of-long-term-financing-for-a-129-5mw-solar-energy-plant-in-mexico/ https://www.atlasrenewableenergy.com/en/atlas-renewable-energy-inaugurates-the-guajiro-solar-plant-its-first-project-in-mexico/

Original sector

Energy

Budget

Location

Country

Mexico

Source

Source

World Bank Group

URL

More Details

Record type

Project

Sector

Commercial, Power Generation (CCGT), Residential, Solar, Government

Article published date

2024-05-17

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