AUTOMOTIVE IndUsTrY In MExIcO Ready to Overtake - ProMéxico

photo courtesy oF uPs
Briefs Briefs
Renewable Energy
Vestas
Going Big
in Mexico
_____
Latin America’s largest wind project to
date is moving forward as Mexico’s Marena
Renovables has placed an order for
396-megawatts (MW) worth of wind turbines
with Danish manufacturer Vestas
Wind Systems A/S.
Located on the Isthmus of Tehuantepec in
Oaxaca, the wind power project is developed
by Marena Renovables, a consortium made
up of Australian merchant bank Macquarie,
the Macquarie Mexican Infrastructure
Fund, Japan’s Mitsubishi Corp. and PGGM, a
Dutch pension fund service provider.
The power generated by the wind farm
will be bought by Cuauhtémoc Moctezuma,
an operating company of Dutch brewer
Heineken N.V. and subsidiary of Mexican
retail and beverage group FEMSA, under
20-year power purchase agreements.
www.vestas.com
Logistics
Speeding Up
Trade Between
Mexico and the US
_____
United Parcel Service Inc. (UPS) started a new ground freight service
in Mexico aimed at speeding up and boosting trade between the
country and the US.
UPS CrossBorder Connect is a ground freight service that bundles
Atlanta-based UPS’ transportation and customs brokerage
expertise north and south of the border. It is a contractual service
that uses the trucking network that supports UPS’ North American
Air Freight service. For the service, UPS connected with carriers
in Mexico at eight important points along the U.S.-Mexico border:
Otay Mesa and Calexico, in California, Nogales; in Arizona, and El
Paso, Laredo, McAllen, Harlingen and Brownsville, in Texas.
Before, cross-border heavyweight freight shipping options
were limited to air freight or conventional less-than-truckload
movements.
www.ups.com
photo courtesy oF vestAs