Power and Renewables Mexico: Into the light

Power and Renewables Mexico: Into the light

Mexico Bonds Loans

At the tip of the Baja California Sur peninsular, La Paz is one of the sunniest spots in Mexico. It is also a location that calls out for a large-scale solar power operation. Aura Solar is set to be just that: Mexico’s biggest ever photovoltaic plant. It will produce 30 megawatts – enough to supply 164,000 residents, or roughly two-thirds of the town. In May, local developer Gauss Energía booked the necessary $75 million financing to get the Aura Solar power generation project started on the site: Nacional Financiera chipped in $50 million and the International Finance Corporation, $25 million. “The Aura Solar project is in a privileged position to tear down barriers and myths around s

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