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Published: 05 September 2014 05 September 2014

AWS Truepower has been hired to act as Independent Engineer to support the financing and construction of the Ventika I & Ventika II wind projects in Nuevo León, Mexico.

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The Ventika Wind Project consists of two 126MW wind projects, with a total capacity of252MW. AWS Truepower provided lender support to Banco Santander (Administrative Agent), North American Development Bank, Banco Nacional de Obras y Servicios Públicos (Banobras), Nacional Financiera (Nafin), and Banco Nacional de Comercio Exterior (Bancomext). The total investment for the projects is US$ 650 million, secured by co-developers CEMEX and Fisterra Energy. AWS Truepower acted as the energy consultant and engineer in the debt financing for the project, and is providing construction monitoring on behalf of the lenders and project sponsors through to substantial completion of the projects, expected in the second quarter of 2016. The Ventika I and Ventika II projects will utilize 84 Acciona AW 3000 wind turbines.

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