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Mexico wins $2.5 billion investment in new wind farms

Thu, 07/07/2011 - 4:25pm
Reuters

MEXICO CITY (Reuters) - Mexico announced on Thursday a $2.5 billion investment in new wind farms to generate more than 300 MW of electricity across the country, part of the government's push to expand renewable energy.

San Diego-based Cannon Power Group, which already works in the Baja California peninsula, will build another project there along with a plant in the central state of Zacatecas and in southern Quintana Roo, home to popular tourist resort Cancun.

Mexican President Felipe Calderon said new investments would help Mexico reach 2000 MW of wind capacity by the end of his term next year.

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