IEnova finances solar farms in Mexico

IEnova finances solar farms in Mexico

Project & Infrastructure Finance Loans Debt Energy Renewable Solar Mexico US

IEnova, the Mexican subsidiary of the US company Sempra Energy, has secured $200 million in loans from the International Finance Corporation (IFC) and the North American Development Bank (NADB) to finance four solar projects. IFC will provide $100 million from its own account for the 376 MW portfolio, while the NADB will supply another $100 million for the 125 MW Don Diego solar park in the state of Sonora, IFC said in a press release. The loan is the first financing that IFC has provided under

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