Clipper says Mexico wind turbines get funding

LONDON Thu Nov 26, 2009 11:28am EST

LONDON (Reuters) - Clipper Windpower Plc said financing has been received for 27 wind turbines to supply power to Wal-Mart Stores Inc in Mexico.

The $80.66 million financing loan by the Export-Import Bank of the United States, Ex-Im Bank's first project financing for wind power, will fund 67.5 megawatts (MW) of Clipper Liberty 2.5M 1461745513

The project is owned by Electrica del Valle de Mexico, a subsidiary of EDF Energies Nouvelles.

Clipper Windpower also reiterated that it expects talks with a number of parties on a possible significant investmen t in the company to conclude by the end of the year.

(Reporting by Julie Crust; editing by Victoria Bryan)

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