Mexico wind farm

Fomento Economico Mexicano SAB (Femsa), a beverage company in Latin America, and Macquarie Group Ltd. agreed to buy a 396 MW wind farm in the state of Oaxaca from units of Preneal SA for 1.06 billion pesos (US$89 million).

Femsa will own a 45 percent stake in the project, while Macquarie Capital will own 22.5 percent and the remainder will be held by two Mexican infrastructure funds of Macquarie. Generated power from the project will be sold to Femsa and project partner Heineken NV through a 20-year power purchase agreement.

The wind farm will use 132 wind turbines from Vestas Wind Systems A/S.

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