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Posted On: 03/21/2024 2:19:55 PM
Post# of 13090
Re: ThreeEmInEn #6748
The Miss in misinformation strikes again.
The real deal from the article you post
https://www.gem.wiki/Durango_solar_farm
And as the company later explained
"We had all funding lined up and property and designers/EPC prepared. When we were ready to proceed the Mexican government made some drastic changes to the rule for 3rd party power generation which made our funders and banks BBVA concerned and so the project was put off for now. SNPW may entertain this opportunity again when the Mexican administration changes their regulations"
The real deal from the article you post
https://www.gem.wiki/Durango_solar_farm
Quote:
The proposed 50MW solar farm project in Durango Mexico continues its development after a delay due to Covid-19 and is currently undergoing a financial review with a selected EPC and funding group .
And as the company later explained
"We had all funding lined up and property and designers/EPC prepared. When we were ready to proceed the Mexican government made some drastic changes to the rule for 3rd party power generation which made our funders and banks BBVA concerned and so the project was put off for now. SNPW may entertain this opportunity again when the Mexican administration changes their regulations"
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