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Tastiota Solar PV Plant

Active · Mexico

Source: World Bank Group

Project
Active

The project entails the construction of the 100MW Tastiota solar plant in Mexico. Canadian Solar, Korea Electric Power Corp (Kepco) and Sprott Korea are developing the project. SMBC provided the $93 million non-recourse financing for the project. The package comprised: $67 million senior term loan $15 million letter of credit $12 million VAT facility Financial close took place in September 2020 a

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

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Project Information

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

Participants

Sponsoring Agency

Company

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 the 100MW Tastiota solar plant in Mexico. Canadian Solar, Korea Electric Power Corp (Kepco) and Sprott Korea are developing the project. SMBC provided the $93 million non-recourse financing for the project. The package comprised: $67 million senior term loan $15 million letter of credit $12 million VAT facility Financial close took place in September 2020 and Tastiota is expected to reach commercial operations in early 2021. The plant was awarded 15-year PPA, with Mexico’s National Center for Energy Control (CENACE) as the offtaker. https://ijglobal.com/data/transaction/53093/tastiota-solar-pv-plant-100mw https://ijglobal.com/articles/150479/fc-for-mexican-solar-project

Original sector

Energy

Budget

Location

Country

Mexico

Source

Source

World Bank Group

URL

More Details

Record type

Project

Sector

Solar, Power Generation (CCGT), Government, Commercial

Article published date

2024-10-01

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