August 11, 2017
Cubico's project finance haul this week brought in financing across two debt packages, one a $220m facility for a wind farm in Mexico and a $230m transaction for solar farms in the country.
For the 250 MW El Mezquite wind facility in Nuevo Leon, Cubico $73.3m apiece from Bancomext, Banobras and the North American Development Bank, according to a source familiar with the financing.
The 150 MW Solem I and II solar farms included $45m portions from the IFC, Banobras, Bancomext and the IIC, while
Energy developer nets $550m from multilateral lenders, ECA and one commercial bank for wind and solar projects