Mitsui to Buy Stake in EDF’s 164-Megawatt Wind Project in Mexico

Mitsui & Co. (8031), a Japanese trading company, will invest in a 164-megawatt wind farm being built by the Mexican unit of EDF Energies Nouvelles SA of France.

Mitsui will acquire a 50 percent stake in the 5.1 billion- pesos ($399 million) Bii Stinu Wind Project in Oaxaca, Mexico, it said in a statement today. The company didn’t say how much it will pay for the stake.

The plant will start operating in June, according to the statement.

Mitsubishi Corp. said Jan. 7 it acquired a 50 percent stake in a solar power plant in France from EDF Energies Nouvelles.

To contact the reporter on this story: Chisaki Watanabe in Tokyo at

To contact the editor responsible for this story: Reed Landberg at

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.