Ventika, made up of the Ventika I and Ventika II wind farms, is the largest wind farm in Mexico and among the largest in Latin America.

Located in Nuevo León state, the project entered commercial operation in April 2016 and has long-term PPAs with “high credit rating” off-takers, IEnova says.

The transaction is awaiting approval by the Mexican authorities, and is expected to close in the fourth quarter of 2016.

“We