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Regulator greenlights Eurus 250MW wind project — Mexico

www.bnamericas.com

Mexico’s energy regulator CRE has approved consortium Eurus’ 250MW wind power self-supply generation project, which would benefit local cement producer Cemex (NYSE: CX).

Cemex along with subsidiaries Inmobiliaria Río La Silla and TEG Energía make up Eurus, which plans to build a wind park in the municipality of Juchitán de Zaragoza in Oaxaca state, according to a CRE resolution.

The park would have 300 turbines and generate an estimated 876GWh a year.

According to the resolution, the project would begin in the third quarter of 2008 with a topographical survey, the submission of a land use modification request and work to secure the construction license.

Eurus aims to bring the wind park online in June 2010.

BNamericas.com