Cubico Sustainable Investments, the UK-based renewables developer owned by two Canadian pension funds, has closed financing for its 350MW Solem solar and 250MW El Mezquite wind projects in Mexico.
Cubico secured contracts for the two projects in Mexico’s second clean-energy tender, held in late 2016, and they are due for commercial operation in late 2018 in the states of Aguascalientes and Nuevo Leon – at which time Solem will become the largest PV plant in Latin America.
