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Palo Alto Wind Farm

Sector: Wind • Location: Mexico

Source: World Bank Group

Project
Active

The Italian group Enel Green Power, through its Mexican renewable energy subsidiary Enel Green Power México (EGPM), announced the development of the Palo Alto Wind Farm, located at Jalisco state (129 MW in capacity).

In 2015, the sponsor signed a long-term power purchase agreement with the state-owned power utility CFE.

The investment was estimated at US$ 250 million fully funded with the spons

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The project “Palo Alto Wind Farm” is an infrastructure initiative in the Wind sector, located in Mexico. Taiyo aggregates data on it from World Bank Group.

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Description

Description

The Italian group Enel Green Power, through its Mexican renewable energy subsidiary Enel Green Power México (EGPM), announced the development of the Palo Alto Wind Farm, located at Jalisco state (129 MW in capacity). In 2015, the sponsor signed a long-term power purchase agreement with the state-owned power utility CFE. The investment was estimated at US$ 250 million fully funded with the sponsor’s equity. The special purpose company Energia Limpia de Palo Alto S. de R.L. de C.V. was created to manage the project. An EPC contract was signed with the Spanish company Transbiaga. Commercial operations began in November 2016.

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