MIP Buys Acciona Assets in Mexico, US - LatinFinance

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Acciona continues to cash in asset sales all over the world. After starting the month with the divestment of several renewable energy properties in Spain for more than 500 million, the company announced this morning in a relevant fact sent to the National Securities Market Commission (CNMV) the sale of shares and wind farms in the United States and Mexico in exchange for about 1 billion dollars (855 million euros, to the current change).

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A new agreement by which Acciona Energía has made the sale of a 49% share to Mexico Infrastructure Partners (MIP) of its solar portfolio of1,3 GW in the United States, together with the divestment of 100% of two wind farms in Mexico that total 321 MW, for an approximate value of 1 billion dollars, represents a new relevant step in the strategic road map of the company. This operation reinforces its policy of selective asset rotation, a strategy …

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Reuters ACTION Energy has reached an agreement with Mexico Infrastructure Partners (MIP) to sell wind and solar assets in the United States and Mexico for $1 billion, the Spanish electricity company reported Monday in a regulatory notification. The agreement includes the sale of a 49 percent share in its 1.3 gigawatts (GW) photovoltaic portfolio in the United States and a total share in two wind farms in Mexico with a total capacity of 321 megaw…

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A subsidiary of the Spanish-born company Acciona agreed to sell solar and wind assets to the Mexican fund manager Mexico Infrastructure Partners (MIP) for US$1 billion.See more: Cox ignores US$250 million investment with Finsolar in MexicoThe agreement between Acciona Energía and the Mexican company includes 49% of its 1.3 GigaWatts photovoltaic solar portfolio in the United States and two wind farms in Mexico for 321 MegaWatts, the Spanish comp…

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The company has explained in a statement that the photovoltaic portfolio sold in the United States includes the solar plants of Red Tailed Hawk (458 megawatt peak -- MWp--) and Fort Bend Solar (316 MWp), in Texas; High Point Solar Farm (127 MWp) in Illinois; and Union Solar (415 Wp) in Ohio.