Construction starts at Santa Catarina wind farm in Mexico
Once completed, Santa Catarina will sell energy under long-term power purchase agreements with municipalities around the city of Monterrey
Monterrey, Mexico, August 1, 2012 — Conduit Capital Partners announced the initiation of construction of a 22 MW wind project at Santa Catarina (Eolica Santa Catarina) in northern Mexico.
Eolica Santa Catarina is located in the Santa Catarina municipality, outside of Monterrey, Mexico. Conduit acquired the Santa Catarina project through the firm's Latin Power III Fund, along with long-term partner Comexhidro SA de CV of Mexico, in late 2010. Asergen SC, an affiliated company of Comexhidro, is also managing the project.
Conduit has extensive experience in Mexico, having invested since 2000 in the Trojes, Chilatan, and El Gallo small hydroelectric projects totaling 52 MW, and Libramiento, a 65 km natural gas pipeline. Together with Comexhidro, Conduit is currently an investor in two small hydroelectric projects in construction totaling 45 MW in Southern Mexico.