El Llano

Natixis acted as Joint Mandated Lead Arranger and sole Green Loan Coordinating Bank for the $280 million financing related to the construction of the 375MWp El Llano photovoltaic solar plant in the Aguascalientes region in Mexico. The project is developed by Neoen, a French renewable IPP.

As one of the winners of the third government renewable energy auction in November 2017, El Llano will sell part of its electricity production at a fixed, indexed price of US$18.93/MWh (price corresponding to electricity plus green energy certificates) to a consortium consisting of CFE SSB (a public body), Iberdrola Clientes (a utility company) and Menkent (a subsidiary of cement-maker Cemex).