The August pricing of a dual-tranche
$300 million bond offering by Mexican wind farms Oaxaca II and
IV set a precedent for renewable energy financing in the
region. Heres why
Arrangement for the Oaxaca II and IV
deal were finalied in under a month, in spite of the
regions difficult legal and social realities. The success
of the transaction is expected to encourage investors
interest in Mexico.
Most of Mexicos wind farms are
located around the states of Baja California, Tamaulipas,
Veracruz, or on the Tehuantepec Isthmus in the state of Oaxaca.
Additional wind farms in northern Mexico are also under
But Basham Ringe y Correas...