DeAcero, Fisterra Energy seek power plant financing

DeAcero, Fisterra Energy seek power plant financing

Project & Infrastructure Finance Loans Energy Electricity Gas Mexico

DeAcero and Fisterra Energy have asked banks to make offers to finance the Energía de Celaya power plant in Mexico, LatinFinance has heard. DeAcero, a steel company based in Nuevo León, and Fisterra Energy, an energy company owned by Blackstone, are looking for a mini-perm loan to fund construction of the $900m project, said sources close to the deal. The 1,350 MW plant has contracted just 250 MW through a power purchase agreement (PPA) with DeAcero, which might make lenders reluctant to take on

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