[ exact phrase in "" • results by date ]

[ Google-powered • results by relevance ]


Add NWW headlines to your site (click here)

when your community is targeted

Get weekly updates

RSS feeds and more

Keep Wind Watch online and independent!

Donate via Stripe

Donate via Paypal

Selected Documents

All Documents

Research Links


Press Releases


Campaign Material

Photos & Graphics


Allied Groups

Wind Watch is a registered educational charity, founded in 2005.

News Watch Home

Loan, partnership propel Mexico wind farm 

Credit:  By Morgan Lee | The San Diego Union-Tribune | July 22, 2014 | www.utsandiego.com ~~

A new investment partner and development bank financing are pushing forward plans for a wind power plant in Mexico that delivers electricity to the California grid.

IEnova, the Mexico-based subsidiary of Sempra Energy, has sold a 50 percent interest in its Energía Sierra Juárez wind project to power generating firm InterGen. Sierra Juarez is engineered to harness winds blowing across the high plains of northern Baja California to power homes and businesses in the San Diego area.

Developers broke ground earlier this year at the site just south of the U.S. border with Mexico at the community of La Rumorosa, about half way between Tecate and Mexicali. The first shipment of turbine towers have been delivered to the Port of Ensenada, an IEnova spokeswoman said Monday.

“Wind turbine tower installation will begin in the coming months,” the company wrote in an email. “The project is on-time and on-budget and is expected to commence operations in the first quarter of 2015.”

InterGen describes Sierra Juárez as a roughly $300 million project. A development bank for infrastructure projects along the U.S.-Mexico border has confirmed that it will finance just under $40 million of the project, in coordination with further loans from private lenders.

The North American Development Bank, which is capitalized and overseen by the U.S. and Mexican governments, declined to release financing terms. Bank spokesman Juan Antonio Flores described the offering as a market-rate loan.

The wind project has moved forward despite legal challenges by two San Diego-area environmental groups. In Mexico, the Ensenada-based environmental group Terra Peninsular has sued the country’s environment ministry over permits for the project.

A U.S. presidential permit cleared the way for cross-border transmission lines to carry the wind farm’s electricity to California.

San Diego Gas & Electric has agreed to buy power from the wind farm under a 20-year contract worth an estimated $820 million. Contract costs are passed through to utility customers. At peak capacity, the wind farm would provide electricity for an estimated 65,000 homes.

Intergen operates power plants in the Netherlands, United Kingdom, Australia and Mexico – including a major gas-fired power plant near Mexicali. The company is jointly owned by the Ontario Teachers’ Pension Plan and China Huaneng Group.

Sempra Energy has shown a preference for partnering with experienced wind developers, most notably oil and energy giant BP, on large’scale projects.

Source:  By Morgan Lee | The San Diego Union-Tribune | July 22, 2014 | www.utsandiego.com

This article is the work of the source indicated. Any opinions expressed in it are not necessarily those of National Wind Watch.

The copyright of this article resides with the author or publisher indicated. As part of its noncommercial educational effort to present the environmental, social, scientific, and economic issues of large-scale wind power development to a global audience seeking such information, National Wind Watch endeavors to observe “fair use” as provided for in section 107 of U.S. Copyright Law and similar “fair dealing” provisions of the copyright laws of other nations. Send requests to excerpt, general inquiries, and comments via e-mail.

Wind Watch relies entirely
on User Contributions
   Donate via Stripe
(via Stripe)
Donate via Paypal
(via Paypal)


e-mail X FB LI M TG TS G Share

News Watch Home

Get the Facts
© National Wind Watch, Inc.
Use of copyrighted material adheres to Fair Use.
"Wind Watch" is a registered trademark.


Wind Watch on X Wind Watch on Facebook Wind Watch on Linked In

Wind Watch on Mastodon Wind Watch on Truth Social

Wind Watch on Gab Wind Watch on Bluesky