Adding to its list of major alternative energy deals in Latin America, Milbank, Tweed, Hadley & McCloy LLP has represented Mexico Power Group (MPG) in two transactions related to the construction of a 130-MW La Bufa Wind Power Project in north-central Mexico. Upon completion, the power generated from La Bufa will be sold to Volkswagen…
Volkswagen to buy power from La Bufa Wind Farm in Mexico
First Reserve, a global private equity and energy investment firm, has partnered with Mexico Power Group (MPG) to build the 130-MW La Bufa wind farm in Mexico. Upon completion, the wind farm will sell its generated power under a contracted off-take agreement to Volkswagen de México — helping the company meet its targeted renewable energy standards. The…