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Clipper says Mexico wind turbines get funding
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pangea on 26/11/2009 19:54:00
 
* $80.66 mln financing for 27 wind turbines
* Turbines to supply power to Wal-Mart Stores in Mexico
* Says still in investment talks with a number of parties
Clipper Windpower Plc (CWPR.L) said financing has been received for 27 wind
turbines to supply power to Wal-Mart Stores Inc (WMT.N) in Mexico.
The $80.66 million financing loan by the Export-Import Bank of the United
States, Ex-Im Bank's first project financing for wind power, will fund 67.5
megawatts (MW) of Clipper Liberty 2.5M 1461745513
The project is owned by Electrica del Valle de Mexico, a subsidiary of EDF
Energies Nouvelles (EDF.PA).
Clipper Windpower also reiterated that it expects talks with a number of parties
on a possible significant investment in the company to conclude by the end of
the year.