Copenhagen Infrastructure Partners reaches financial close and starts construction on its first project in Mexico

CI Growth Markets Fund II reached financial close for La Esperanza Solar, a combined BESS and solar project, marking CIP’s first project in Mexico. The announcement is a positive step for renewables investment, though no deal size or power/storage capacity was provided to gauge financial impact.

Analysis

CI Growth Markets Fund II reached financial close for La Esperanza Solar, a combined BESS and solar project, marking CIP’s first project in Mexico. The announcement is a positive step for renewables investment, though no deal size or power/storage capacity was provided to gauge financial impact.