from The Sun Herald
Macquarie Mexican Infrastructure Fund (“MMIF”) today announced its participation in an equity consortium (the “Consortium”) that has acquired Energía Alterna Istmeña, S. de R.L. de C.V. and Energía Eólica Mareña, S.A. de C.V. (the “Project Companies”) from subsidiaries of Preneal, S.A. (“Preneal”) for a transaction enterprise value of MXN$1.06 billion (approximately US$89.0 million).
The Project Companies are the owners of a 396 MW late-stage wind energy project in the south-eastern region of the State of Oaxaca (the “Project”). The Project is located along the Isthmus of Tehuantepec where average regional wind speeds exceed 8.5 meters per second. The area is regarded as the best wind resource in Mexico and one of the windiest regions in the world.