1 Mar, 2021

FERC allows Sempra to acquire wind farm in Mexico, transmission line into US

The Federal Energy Regulatory Commission on Feb. 26 approved Sempra Energy's application to acquire the additional 50% stake that it does not already own in the 155.1-MW Energia Sierra Juarez Wind farm in La Rumorosa, Baja California, Mexico, and a related radial generator-tie transmission line.

Under the proposed transaction (EC21-40), Sempra Energy will acquire the interest in IG Sierra Juárez S de RL de CV from Cometa Energia SA DE CV and Saavi Energia (UK) Ltd., which are affiliates of Actis LLP.

The 230-kV generation-tie transmission line connects the wind farm to the California ISO balancing area at the East County substation in California, owned by Sempra subsidiary San Diego Gas & Electric Co. The output of the wind farm is sold to SDG&E under a power purchase agreement.