Nader, Hayaux & Goebel advised Elawan Energy as co-counsel on the Financing of a 30 MW Wind Farm Project in Mexico

Nader, Hayaux & Goebel advised Elawan Energy as co-counsel on the Financing of a 30 MW Wind Farm Project in Mexico

Mexico City, June 17, 2025 – Nader, Hayaux & Goebel (NHG) advised as co-counsel in connection with the financing of the San Pedro Wind Farm, a 30 MW renewable energy project under development in the State of Querétaro, Mexico. The financing was led by Elawan Energy, a global renewable energy company and part of the ORIX Group, with funding provided by Banco Bilbao Vizcaya Argentaria (BBVA).

NHG acted as Mexican counsel to Elawan Energy, advising on the execution of a EUR 25 million senior financing package to support the development of the project.

Currently under construction, the San Pedro Wind Farm is expected to play a significant role in Mexico’s clean energy transition, with the capacity to supply electricity to over 30,000 households annually and contribute to a substantial reduction in CO₂ emissions in the region. The long-term credit facility is covered by a Cesce Green Investment Policy on behalf of the Spanish Government, in line with the company’s sustainability criteria and energy-transition objectives.

The NHG team was led by Partners Yves Hayaux du Tilly and Miguel González, and Associate Mauricio López Melo, providing strategic legal counsel on Mexican law matters.

This transaction underscores NHG’s proven capabilities in advising on cross-border project finance transactions in the renewable energy sector and reaffirms the firm’s commitment to supporting sustainable infrastructure development in Mexico.

For more information, please contact the Project Finance and Energy team at Nader, Hayaux & Goebel, or visit www.nhg.mx.