Sponsors of renewable energy projects have launched a series of law suits against Mexico’s government. They say new rules could decimate private investment in solar and wind. By Nic Stone.
Sempra Energy affiliate Infraestructura Energética Nova (IEnova) has signed US$300m in loans backing the design, construction, and operation of the 125MW Don Diego solar project in Sonora and a pipeline of 376MW of solar projects across Mexico.
The Mexican government has revealed the first phase of a massive infrastructure plan for the next five years that will be underwritten by the private sector.
Braskem Idesa has landed a debut US dollar 10-year non-call five bond deal worth US$900m to partly refinance the project finance debt backing the Etileno XXI petrochemical project.
The newly created US Development Finance Corporation (DFC) has signed a letter of intent (LOI) to finance a natural gas pipeline in southern Mexico. The Rassini pipeline, as it is known, which will require US$632m.
Canadian Solar has entered into an agreement to sell two solar projects totalling 155MW to White River Renewables. Close on the deal is subject to customary closing conditions.