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 . . .

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