Mitsui buys into EDF Mexican wind

The wind farm uses Gamesa turbines

Japanese conglomerate Mitsui is to take a 50% stake in EDF’s 164MW Bii Stinu wind project in Mexico.

Mitsui will buy the stake from EDF Energies Nouvelles (EDF EN), the French power giant’s renewables arm, via a newly-established subsidiary called MIT Renewables Mexico.

The $400m Bii Stinu project is due to start commercial operations in Oaxaca, Mexico, in June this year.

It will use 82 Gamesa 2MW wind turbines and has 15-year power supply deals in place with five private sector buyers, says EDF.

In mid-December Mitsui bought 30% of a 680MW Canadian renewables portfolio owned by GDF Suez.

EDF EN separately announced the commissioning of two US wind farms owned Log in to read complete article.

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