MEXICO FIRST RENEWABLE ENERGY AUCTIONS

Promoteur – Intermédiaire Financier

CAISSE DE DEPOT ET PLACEMENT DU QUEBEC,CKD INFRAESTRUCTURA MEXICO SA DE CV,ENEL GREEN POWER SPA

Lieu

• Mexique

Description

Through a project finance scheme, the EIB loan will partly finance three solar photovoltaic plants in Mexico as part of the country's clean energy transition plan.

Objectifs

This is an important project for the EIB outside the EU, as it supports climate-related investments in developing countries. At post-approval stage, the plants resulted in having a combined capacity of 1.088 MWp, which at appraisal stage was 991 MW.

Secteur(s)

• Énergie - Production et distribution d'électricité, de gaz, de vapeur et d'air conditionné

Montant BEI envisagé (montant approximatif)

USD 87 million (EUR 70 million)

Coût total (montant approximatif)

USD 1000 million (EUR 810 million)

Aspects environnementaux

If the solar photovoltaic plants were located within the EU they would fall under Annex II of the Environmental Impact Assessment (EIA) Directive 2014/52/EU amending the EIA Directive 2011/92/EU), requiring the competent authorities to determine whether an is required. Following Mexican national legislation full EIA and Social Impact assessments are mandatory for such projects. Due to the specificities of the land tenancy in Mexico, the social impacts will be carefully assessed at appraisal. Compliance with the EIB's environmental and social standards and the principles of relevant EU Directives, will be verified at appraisal.

Passation des marchés

The EIB will require the promoter to ensure that implementation of the project will be done in accordance with EIB's Guide to Procurement.

Statut

Signé - 25/09/2018