The project consists of the design, construction and operation of a 250- MW wind farm located in the municipality of Mina, Nuevo León (the “Project”). The electricity, Clean Energy Certificates (CELs) and generation capacity produced by the Project will be purchased by the Mexican federal electricity commission, Comisión Federal de Electricidad (CFE or the “Off-taker”) pursuant to three long-term power purchase agreements (the “CFE PPAs”), which were awarded through the 2016 Long-term Energy Auction of the Mexico and executed on January 20, 2017 with the special-purpose company created to carry out the project.
The Project will increase installed capacity of renewable energy resources, which will reduce a proportionate amount of demand on traditional fossil-fuel-based energy production and contribute to the displacement of greenhouse gas emissions and other pollutants from power generation by fossil fuels.
The estimated environmental and human health outcomes resulting from the installation of 250-MW of new renewable energy generation capacity at the point of interconnection are:
a) Generation of approximately 890 gigawatts-hour (GWh) of electricity during the first year of operation; and
b) An expected displacement of approximately 428,787 metric tons/year of carbon dioxide (CO2), 1.78 metric tons/year of sulfur dioxide (SO2) and 1,175 metric tons/year of nitrogen oxides (NOx).
|Total Project Cost||Reserved|
US 105M - NADBank Loan