Macquarie takes over Mexican farm to be supplied by Vestas

The Macquarie Mexican Infrastructure Fund has announced its participation in an equity consortium that has acquired Energía Alterna Istmeña, S. de R.L. de C.V. and Energía Eólica Mareña, S.A. de C.V. from subsidiaries of Preneal for MX$1bn ($89m).

The acquisition includes a 396MW late-stage wind project in Oaxaca state, and will reportedly be supplied by Vestas.

The Danish turbine company confirms that it is negotiating with a consortium, but says no firm order has yet been received.

The Macquarie fund, of the Australian Macquarie Group, holds 32.5% interest in the consortium; local beverage corporation Femsa holds a 45% interest; and Macquarie Capital holds the remaining 22.5% interest.

Development on the farm was begun in 2003 and has reached “an advanced stage.” The consortium will finalize the development of the project…

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