Villanueva Solar Farm

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The project consists of the Villanueva 1 plant, with a capacity of 427 MW, and the 327 MW Villanueva 3 project, which will be built simultaneously. The project is being developed by local subsidiary Enel Green Power Mexico, a unit of the group’s renewable energy arm Enel Green Power through Villanueva Solar SA de CV and Parque Solar Villanueva Tres SA de CV. The solar project was selected in the energy auction held by the Mexican government in 2016. The plant will be located in the state of Coahuila, Viesca. The output generated will be sold under a 15-year PPA with the state utility. The overall 754 MW facility is expected to enter into service in the second half of 2018 and to generate over 1,700 GWh each year, equivalent to the energy consumption needs of over 1.3 million Mexican households, while avoiding the emission of more than 780,000 tonnes of CO2 in the atmosphere. Enel will be investing around $650 million dollars in the construction of Villanueva and is being financed through the Group’s own resources. Construction commenced in March 2017, and considered as financial closure date. Project will be connected to the grid in the second half of 2018. https://www.pv-magazine.com/2017/03/30/enel-breaks-ground-on-754-mw-solar-park-in-mexico/