The two sides signed a letter of intent covering those issues on 15 April. Based in Beijing, CMEC is an international engineering and contracting company. It was founded in 1978.

“The aim of this planned arrangement between the parties is to assist SPG in securing from Chinese sources approximately 14% of the debt financing that is anticipated to be required to develop the project, as well as to find a suitable engineering, procurement and construction contractor for the Texas wind farm,” according to a statement issued by the companies.

The