Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico News

Fisterra Energy Closes Deal on Mexico’s Largest Wind Farm Project

Fisterra Energy, a company majority owned by funds managed by Blackstone (NYSE:BX), and Blackstone Energy Partners, Blackstone's energy-focused private equity business, today announced it has reached a financial closing for Ventika, Mexico's largest onshore wind farm upon completion and one of the largest wind farms in Latin America. Ventika will be located in the northeastern Mexican state of Nuevo Leon, approximately 35 miles from the United States border, and is comprised of two 126 megawatt (MW) wind farms with total capacity of 252MW. Once completed the project will alleviate significant demands on Mexico's existing power . . .

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