Vestas Wins Order to Supply Mexico’s Biggest Wind Energy Project

By Anna Hirtenstein

Vestas Wind Systems A/S won an order for 424 megawatts of turbines from Zumia Energia for Mexico’s largest wind project.

The Reynosa wind park will be Tamaulipas, northeastern Mexico, according to an emailed statement. Each turbine will have a capacity of 3.45 megawatts. The order includes a 15-year service contract with turbine delivery planned for 2017 and commissioning in 2018.

Zumia Energia is a Mexican energy company backed by private equity firms Actis LLP and Mesoamerica.

“Tamaulipas has a leading position in the country within wind energy,” said Angelica Ruiz Celis, Vestas managing director for Mexico and northern Latin America. Mexico has a “renewable target of 35 percent of clean energy by 2024.”

Vestas has about 1.5 gigawatts of turbines installed or under construction in Mexico.

About BloombergNEF

BloombergNEF (BNEF) is a strategic research provider covering global commodity markets and the disruptive technologies driving the transition to a low-carbon economy. Our expert coverage assesses pathways for the power, transport, industry, buildings and agriculture sectors to adapt to the energy transition. We help commodity trading, corporate strategy, finance and policy professionals navigate change and generate opportunities.
Sign up for our free monthly newsletter →

Want to learn how we help our clients put it all together? Contact us