Monterrey I and II

MIP Mexican Gas-Fired CCP Portfolio - Acquisition Financing

Borrower(s)
Industry
Power/Gas-fired combined cycle
Area of finance
Project & Infrastructure Finance
Region
Latin America
Latin America
Countries
Mexico

Deal Overview

Independent fund manager Mexico Infrastructure Partners (MIP) has completed the acquisition of an 8.539GW power portfolio in Mexico from Iberdrola. The purchase comprises 12 combined cycle gas turbine plants and one wind farm. Around 87% of the portfolio is operating under the independent power...

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Deal Volume
$3.87bn
Financial Close
26/02/2024
Dealmakers
Sources
Submitted by participant(s)

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Tranches

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Project Deals

449MW Monterrey I and II CCG Project
$194m
Greenfield
Gas-fired combined cycle
Latin America
Latin America
Mexico
1,155MW Altamira V CCG Project
$499.05m
Greenfield
Gas-fired combined cycle
Latin America
Latin America
Mexico
1096MW Altamira III and IV CCG Project
$473.56m
Greenfield
Gas-fired combined cycle
Latin America
Latin America
Mexico