Perote II Solar PV Plant
Sector: Power Generation (CCGT) • Location: Mexico
Source: World Bank Group
The project entails the development of Perote II Solar PV plant in Vera Cruz, Mexico. The planned capacity of the facility is 118.9 MW. Total cost of the project is $ 50 million. Sponsors are Cox Energy and X-Elio, each of them provided $ 5 million, respectively. Debt providers are the IFC ($ 15 million) and Banco Sabadell ($ 25 million). Debt to equity ratio is 4:1. Financial close took place on
- Status
- Prospective
- Sector
- Power Generation (CCGT), Solar, Commercial, Government
- Location
- Mexico
- Updated
- 22 Jul 2026
- Source
- World Bank Group
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Project Information
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 development of Perote II Solar PV plant in Vera Cruz, Mexico. The planned capacity of the facility is 118.9 MW. Total cost of the project is $ 50 million. Sponsors are Cox Energy and X-Elio, each of them provided $ 5 million, respectively. Debt providers are the IFC ($ 15 million) and Banco Sabadell ($ 25 million). Debt to equity ratio is 4:1. Financial close took place on July 26th, 2021. https://ijglobal.com/data/transaction/45261?name=Perote%20II%20Solar%20PV%20Plant%20(118.9MW)&link=%2Farticles%2F156991%2Fx-elio-closes-solar-financing-in-mexico |
Original sector | Energy |
Budget |
Location
Country | Mexico |
Source
Source | World Bank Group |
URL |
More Details
Record type | Project |
Sector | Power Generation (CCGT), Solar, Commercial, Government |
Article published date | 2024-06-06 |
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