Sempra Energy’s Unit IEnova Awarded Its First Two Solar Energy Projects In Mexico

 Sempra Energy’s Unit IEnova Awarded Its First Two Solar Energy Projects In Mexico

SAN DIEGO /PRNewswire/ — Sempra Energy (SRE) today announced that its Mexican subsidiary, Infraestructura Energética Nova, S.A.B. de C.V. (IEnova) (IENOVA.MX), has been awarded two solar energy projects in a recent auction conducted by Mexico’s Centro Nacional de Control de Energía. The two projects will total 141 megawatts (MWac) of capacity with an expected investment of approximately $150 million.

“We are pleased to play an important role supporting Mexico’s clean energy initiatives,” said Mark Snell, president of Sempra Energy. “Development of renewable energy is an important part of IEnova’s growth strategy moving forward.” The Rumorosa Solar complex is a 41-MWac (53-MWdc) single-axis photovoltaic (P.V.) project in Baja, California, Mexico. The Tepezalá II Solar complex is a 100-MWac (133-MWdc), single-axis P.V. project in Aguascalientes, Mexico. Trina Solar, one of the world’s leading P.V. companies, will develop this project. The Comisión Federal de Electricidad will contract the two projects under a 15-year renewable energy and capacity agreement and a 20-year clean energy certificate agreement.



Construction on both projects is expected to begin in 2018, and operations are scheduled for the first half of 2019. Earlier this month, IEnova announced an agreement to acquire the largest wind farm in Mexico, Ventika I and Ventika II, in Nuevo León.  IEnova also developed and owned a 50-percent stake in the 155-MW Energía Sierra Juarez wind-generation facility in Baja, California.

IEnova develops, builds, and operates energy infrastructure in Mexico. As of Dec. 31, 2015, the company had invested more than US$4 billion in operating assets and projects under construction in Mexico and is one of the largest private energy companies in the country. IEnova is the first energy infrastructure company on the Mexican Stock Exchange Add Crazy. Based in San Diego, Sempra Energy is a Fortune 500 energy services holding company with 2015 revenues of more than $10 billion. The Sempra Energy companies’ 17,000 employees serve over 32 million consumers worldwide.

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