Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico News

Wind Farms in Tamaulipas will supply energy to retailer Soriana

Mexican retailer Organización Soriana, along with the Mexican company GEMEX, announce the construction of two wind farms in Güemez, Tamaulipas, representing a total investment of more than US$130 million per project. The wind farms will be financed with loan funds from the North American Development Bank (NADB) and the Mexican commercial bank, BANORTE, as well as equity investments from GEMEX.

The La Mesa Wind Farm will be developed on 1,366 acres, while the Victoria Wind Farm will be built on approximately 1,730 acres. Each project consists of 15 wind turbines with a total installed generation . . .

Read Full Story

Related Posts

Mexico moves to reassure travelers with fast-response tourism campaign after security concerns

Mexico moves to reassure travelers with fast-response tourism campaign after security concerns

Mexico is targeting U.S. and Canadian travelers with a fast-response tourism campaign after security concerns...
German diver rescued after emergency near Cabo Arch

German diver rescued after emergency near Cabo Arch

Navy crews rescued and stabilized a 55-year-old German diver after a suspected pulmonary emergency near...
Puerto Vallarta Says Hotel Bookings Hold Steady

Puerto Vallarta Says Hotel Bookings Hold Steady

Puerto Vallarta says hotel cancellations have not surged after February violence, though short-term rentals slipped...
Oil, gas and the dollar rise as volatility returns

Peso slips as oil and dollar rise on conflict signals

Oil and gas climbed and the dollar strengthened as Middle East headlines revived risk-off trading,...