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    Summary sheet

    Release date
    3 April 2017
    Status
    Reference
    Approved | 29/09/2017
    20160865
    Project name
    Promoter - financial intermediary
    MEXICO CLIMATE ACTION FL - COAHUILA
    The borrower is Nacional Financiera SNC (NAFIN), who will on-lend to an acceptable corporate.
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    USD 40 million (EUR 34 million)
    USD 351 million (EUR 297 million)
    Location
    Sector(s)
    • Energy - Electricity, gas, steam and air conditioning supply
    Description
    Objectives

    The project is an allocation under the Mexico Climate Action framework loan which will be intermediated by NAFIN (Nacional Financiera). The project concerns the construction of a 199.5 MW wind farm in Mexico. The wind farm comprises 95 wind turbine generators (WTGs), rated at 2.1 MW each, and associated infrastructure, including access roads, control centre and interconnection to the grid.

    The project aims to help meet the Mexican national target of 35% of electricity generated from renewable energy sources by 2024. It is also consistent with the EIB's objectives outside the European Union, contributing to the promotion of renewable energy generation, and will contribute to the attainment of the UN Sustainable Development Goal (SDG) on climate action.

    Environmental aspects
    Procurement

    If the plant was located within the EU it would fall under Annex II of the Environmental Impact Assessment (EIA) Directive (2011/92/EU), requiring the competent authorities to determine whether an EIA is required. Following Mexican national legislation a full EIA is mandatory for the project. Due to the specificities of the land tenancy in Mexico and the vulnerability of certain groups, the social impact will be carefully assessed at appraisal. Compliance with the EIB's environmental and social standards, with national law and EU environmental and social principles with particular reference to EU environmental horizontal directives, stakeholder engagement, access to information and impact on biodiversity and cumulative impact will also be verified at appraisal.

    The Bank will require the promoter to ensure that implementation of the project will be done in accordance with the Bank's Guide to Procurement.

    Related projects
    Link to source

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
    They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Documents

    Environmental and Social Impact Assessment (ESIA) - MEXICO CLIMATE ACTION FL - COAHUILA - Link to Promoter's website for environmental documentation
    Publication Date
    16 Jun 2017
    Document language
    Main Topic
    Lending
    Document Number
    76325821
    Document Focus
    Environmental Information
    Project Number
    20160865
    Sector(s)
    Countries
    Publicly available
    Download now
    Environmental and Social Impact Assessment (ESIA) - MEXICO CLIMATE ACTION FL - COAHUILA - Environmental Impact Assessment
    Publication Date
    16 Jun 2017
    Document language
    Main Topic
    Lending
    Document Number
    76306363
    Document Focus
    Environmental Information
    Project Number
    20160865
    Sector(s)
    Countries
    Publicly available
    Download now
    Environmental and Social Data Sheet (ESDS) - COAHUILA WIND FARM PROJECT
    Publication Date
    22 Dec 2017
    Document language
    Main Topic
    Lending
    Document Number
    73862866
    Document Focus
    Environmental Information
    Project Number
    20160865
    Sector(s)
    Countries
    Publicly available
    Download now
    Environmental and Social Completion Sheet (ESCS) - COAHUILA WIND FARM PROJECT
    Publication Date
    1 Jan 2019
    Document language
    Main Topic
    Lending
    Document Number
    84383920
    Document Focus
    Environmental Information
    Project Number
    20160865
    Sector(s)
    Countries
    Publicly available
    Download now
    Other links

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    Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
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