Clipper says Mexico wind turbines get funding
Mexico wind turbines
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
* $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.
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