In April 2014, EDPR established an agreement with Industrias Peñoles, a leading Mexican mining company, for an Electricity Supply Agreement under self-supply regime for the energy produced by a 200 MW wind farm, which was fully installed by the end of 2016. The contract is set in USD and for a 25-year period. The project, located in a region with very strong wind resource in the State of Coahuila in the North of Mexico has an expected load factor above 40%.
EDPR considers that Mexico meets its required criteria for investment and potential future growth, namely due to its attractive renewable resources and low risk profile through the establishment of long term agreements with energy-intensive industries looking for competitive energy costs with long-term stability.
|Regions: Coahuila de Zaragoza – 200 MW|