Macquarie fund to buy 22.5-MW solar project in Mexico

Macquarie Mexican Infrastructure Fund (MMIF) will supply solar power to government and the private sector in Mexico. As the first managed fund in Latin America, it will buy a 22.5 MW solar project in Coahuila for about MXN 758 million (USD 41m). This represents MMIF’s second investment in renewable energy, as it already has a mini-hydro project in Nayarit state. Four long-term contracts exist with MMIF to supply output to the Coahuila government, its municipalities of Torreon and Matamoros, and a private Mexican firm.

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