Cement News tagged under: IENova
Cemex closes sale of Ventika stake16 December 2016, Published under Cement NewsCemex announced that the company closed the divestment of its interest in the Ventika wind farm project. The Mexico-based cement producer sold its minority interest for around US$35m, with the proceeds of the transaction used mainly for debt reduction and general corporate purposes. Ventika’s entire equity is now owned by IEnova, part of Sempra Energy. Cemex Energia will remain as the manager of the Ventika windfarm facilities. |
IENova to buy Ventika wind farm06 September 2016, Published under Cement NewsInfraestructura Energétia Nova (IENova) signed an agreement on Monday with the Blackstone Energy Group to buy Ventika I and II wind parks, which are operated by Cemex. The acquisition carries a value of US$852m. This includes a purchase price of US$375m plus an additional US$477m in funding. Ventika consists of 84 wind turbines with an installed capacity of 252MW and is the largest wind farm in Mexico. “The parks are adjacent to each other, they are located in the municipality of Gene... |
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