REYNOSA, Tamaulipas — The company Zuma Energía has announced an investment of $600 million to build the Reynosa Wind Farm, which, economic development leaders say, will be a boon for the city.
The Reynosa Wind Farm will be the biggest in México and one of the largest in Latin America.
The State of Tamaulipas has been collaborating with the Mexican company thru its Energy Commission, coordinating with them and facilitating all paperwork needed for setting-up and operating here.
“We affirm that Tamaulipas will become a world-renowned state for its renewable energy,” Governor Francisco García Cabeza de Vaca said. “Tamaulipas will continue facilitating all that is possible for an investor to establish a presence in this State, to generate more and better employment opportunities.”
The Mexican company will be able to provide clean energy to more than 900,000 people while generating 424 megawatts of power.
Zuma Energía company was created in 2014 with the purpose to generate energy while using renewable sources to develop, acquire, finance, build and operate solar and wind farms, with the support of the Actis y Mesoamerica investment management firm.
The Reynosa Wind Farm is the first and largest project to achieve financial backing derived from long-term electric auctions, the company said, and its operation will represent a mitigation in the emission of 739 thousand tons of carbon dioxide per year.
While taking advantage of the benefits of México’s Energy Reform, Cabeza de Vaca highlighted the State of Tamaulipas’ commitment to promoting and guiding national and foreign companies interested in investing in projects to generate energy.
Thanks to projects like this, the Governor said, it will be possible not only to have new sources of workforce creation but also to develop opportunities for local suppliers, triggering greater economic benefits for the entire state.