IEnova financed its first PV projects in México
Post date: 21/11/2019 - 10:12
The International Finance Corporation (IFC), a member of the World Bank Group, and the North American Development Bank (NADB) will provide $200 million in green loans to Infraestructura Energética Nova S.A.B. de C.V. (IEnova), to finance four solar power plants with a total capacity of 376 MW across Mexico. IFC is providing a $100 million loan from its own account and, initially, mobilizing another $100 million from NADB. The NADB loan will be oriented completely to the design, construction and operation of IEnova’s 125 MW solar park, »Don Diego«, located in the municipality of Benjamin Hill, Sonora.
IEnova is one of the largest private sector energy companies in Mexico, with operations in natural gas, power generation and refined products storage segments. The projects being financed are the company’s first in the solar energy space.