Iberdrola-Backed AlgaEnergy May Build Mexico Biomass Plant
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AlgaEnergy SA, part-owned by Spain’s Iberdrola SA and Repsol SA, is in talks with potential partners to set up a plant in Mexico to supply the American markets with biomass made from algae.
Chief Executive Officer Augusto Rodriguez-Villa will travel to Mexico next week to meet executives from local companies to discuss a joint venture to build a 1-million liter biomass plant running on microalgae, he said in an interview.