wind

RES Secures 130 MW Asset Management Contract in Mexico

RES, the world’s largest independent renewable energy company, has secured its first Asset Management contract in Latin America, taking on responsibility for the La Bufa Wind Project in Zacatecas, Mexico.
courtesy of RES
courtesy of RES

The 130 MW wind farm, comprising 65 Gamesa G114-2.0 MW turbines, supplies renewable electricity directly to Volkswagen’s manufacturing facilities in Mexico under a long-term Power Purchase Agreement.

Through its 2024 acquisition of Ingeteam’s renewable energy services division, RES inherited more than two decades of operational experience in Chile and Mexico.

The La Bufa contract deepens that commitment, expanding RES’ asset management offer across Latin America. Headquartered in the UK and fully independent from turbine manufacturers, RES delivers complete lifecycle performance for its clients.

Renato Rafael Machado dos Santos, Regional O&M and AM Director, Latam at RES, said, “Winning our first asset management contract in Mexico is a significant milestone, and a validation of the long-term investment we have made in this region. It reflects the depth of collaboration across our teams in Latin America, the UK, and the US. La Bufa is the most recent step in a broader LATAM expansion, and the pipeline ahead is encouraging.

A distinctive feature of RES’ services capability in the region is the Operations Control Center (OCC) in Denver, US – which provides 24/7 remote monitoring of solar, wind, and battery storage assets across the US, Canada, Latin America, and beyond. Since launching in 2023, the center has grown tenfold, from around 250 MW across ten sites to 3.4 GW across 24 sites today, with a target of 4.5 GW by end of 2026.

Supported by RES’ proprietary digital solutions –the OCC allows RES to identify performance issues early, reduce downtime, and drive yield improvements for asset owners. For clients in Latin America, this means access to a level of operational intelligence that few regional providers can match.

In Mexico RES currently supports 2 GW of installed renewable capacity and operates offices in Mexico City and in the state of Oaxaca. In Juchitán, Oaxaca, RES also operates a warehouse and a GWO-certified training centre.

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