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Mexican renewable energy financings

Norton Rose Fulbright New York and Mexico City offices advised lenders: Inter-American Investment Corporation (IIC), acting on behalf of the Inter-American Development Bank (IDB) Group; the International Finance Corporation (IFC), the Bank of Tokyo Mitsubishi UFJ Financial Group (MUFG); and Mexican development banks Banobras and Bancomext in the US$230 million financing of the development, construction and operation of three major renewable energy projects. The projects, all based in Aguascalientes, Mexico are 150 MW Solem One and 140 MW Solem Two solar PV projects. The projects are sponsored by Cubico Sustainable Investments Limited and Alten R.E. Developments America B.V.

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