Danish turbine producer Vestas received a 396 MW order for the Mareña Renovables project, which is to be located in the south-eastern region of the state of Oaxaca, Mexico.
The order has been placed by Mareña Renovables, which is owned by a consortium comprising Macquarie Mexican Infrastructure Fund, Mitsubishi Corporation and PGGM, a major Dutch pension fund service provider. Delivery of the turbines will start in the second quarter of 2012.
The project is a turnkey contract, which means Vestas will provide the entire range of services to build the wind farm, including civil and electrical works, supply, installation and the commissioning of the wind turbines.
The project’s power generation will be bought by Cuauhtémoc Moctezuma – an operating company of Heineken N.V. – and subsidiaries of Fomento Económico Mexicano, S.A.B. de C.V., under 20-year power purchase agreements. FEMSA owns Coca-Cola FEMSA, the largest Coca-Cola bottler in the region, and OXXO, the largest and fastest growing convenience store chain in Mexico.
In January, Vestas announced plans to lay off 2,335 staff worldwide. The company also warned of a potential further 1,600 job cuts if the U.S. Congress fails to extend tax breaks for renewable energy.