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Potosi PV Solar Plant

Source: World Bank Group

Project
Active

The project envisages the construction and operation of a 300-MW solar PV plant located in the city of Zacatecas, San Luis de Potosi state. FRV is sponsor and project developer.

Potosí Solar Farm was awarded to FRV in September 2016, in the second auction held by Mexican regulator Cenace. The project also received a long-term offtake agreement with state-owned Mexican utility Comisión Federal de

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The project "Potosi PV Solar Plant" is an infrastructure initiative in the Solar, Raw Materials, Power Generation (CCGT), Power Transmission, Government, Commercial sector, located in N/A, Mexico. Taiyo aggregates data from World Bank Group, including information on sponsoring government bodies, EPCs, and contractors.

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Description

Description

The project envisages the construction and operation of a 300-MW solar PV plant located in the city of Zacatecas, San Luis de Potosi state. FRV is sponsor and project developer. Potosí Solar Farm was awarded to FRV in September 2016, in the second auction held by Mexican regulator Cenace. The project also received a long-term offtake agreement with state-owned Mexican utility Comisión Federal de Electricidad (CFE). PPA was awarded in March 2017. Three banks acted as joint lead arrangers and providers of equal shares of the loan: Bancomext – Mexico, ING Bank – Netherlands and KfW IPEX-Bank – Germany. Total debt financing equals $209 million. The remaining $100 million will be provided bu the sponsor. Financial closure occurred on 18 Feb, 2018. https://ijglobal.com/data/transaction/29135/potosi-pv-solar-plant-300mw

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