wind

Mexico

With 396 MW order, Vestas is on the rise in Latin America

Vestas' fortunes are on the rise in Mexico with the confirmation of a 396 MW turbine order that will lead to the creation of the largest wind energy project ever undertaken in Latin America.
With 396 MW order, Vestas is on the rise in Latin America

The Mareña Renovables project will be located in the Isthmus of Tehuantepec in the south-eastern region of the State of Oaxaca, in southern Mexico. The order for 132 units of the V90-3.0 MW turbine, was placed by a consortium consisting of the Macquarie Mexican Infrastructure Fund; Mitsubishi Corporation, and PGGM, a leading Dutch pension fund service provider.

Delivery of the turbines will start in the second quarter of 2012.

Under the terms of the turnkey contract, Vestas will provide provide a range of services to the project, including the provision of civil and electrical works, the supply, installation and commissioning of the wind turbines, a VestasOnline® Business SCADA system, as well as a 10 years of maintenance services.

The project also marks the debut of Vestas' Active Output Management package AOM 5000, its newest service product and one designed to optimize wind power plant output and minimize customer risk.

“Vestas is very proud to have been chosen by Mareña Renovables for the largest wind energy project in Latin America,” said Juan Araluce, Chief Sales Officer, Vestas Wind Systems A/S.

“This is a very important milestone for Vestas, as we look to strengthen our leadership position in Latin America and globally," Araluce continued. "We are truly committed to the development of wind energy in Mexico and are extremely proud to bring a clean, competitive and predictable energy source to Mexico, while contributing to the creation of local high-quality jobs and competencies.”

The project’s power generation will be bought by Cuauhtémoc Moctezuma, an operating company of Heineken N.V., the global brewer, and subsidiaries of Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) under 20-year power purchase agreements.

FEMSA is a leading consumer company in Latin America, and controls Coca-Cola FEMSA, the largest Coca-Cola bottler in the region, and OXXO, the largest and fastest growing convenience store chain in Mexico.

“The electricity generated by this wind power plant will be used to power part of the operations of Coca-Cola FEMSA, OXXO and Heineken N.V. in Mexico," said Alfonso Garza, Director of Human Resources and Strategic Procurement of FEMSA. "This power supply agreement will help us cover our energy needs in a sustainable way. Today, wind power is a reliable, competitive and clean source of energy and, therefore, it should be integrated in our energy supply mix.”

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Vestas

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