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The Spanish developer of energy projects, Cox Energy project invest in Mexico thousand 500 million dollars over the next four years in the construction of solar power plants.
In an interview, Enrique Riquelme, President and Chief Executive OfficerHe said seven solar parks located in Campeche, Sonora, State of Mexico, Veracruz and Zacatecas stand out.
"We are working on generation projects in partnership with other companies, as well as electric auctions to sell electricity to the CFE, "he said.
For Cox Energy, Mexico is the main development market for its investments in the worldbecause it represents about 30% of its capital injections over the next four years, followed by Chile, which represents 20%.
"We are also investing in southern Europe, but Latin America is the market where our business is most developed," Riquelme said.
The president and CEO of the European company said that for the upcoming electricity auction, in which the results are expected in mid-December, participate in projects with a capacity of up to 400 megawatts, which can represent an investment of $ 300 million.
The company has partnerships in Mexico with X-Elio and Naturgy (formerly Fenosa) for the construction and operation of photovoltaic parks in the country. It currently has 600 megawatts for long-term contracts operating in this form.
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