Mitsui to Buy Stake in EDF’s 164-Megawatt Wind Project in Mexico
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Mitsui & Co., 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.