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CFE pays US$5mn for El Cajón land expropiation

Bnamericas
Mexico's state power company CFE has paid 60mn pesos (US$5.26mn) to 863 landowners for expropriating nearly 4,000 hectares in order to build the 750MW El Cajón hydro project in Nayarit state, the company said in a statement. The payment took place on November 3.

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  • Company: Arteche México
  • In Mexico, Arteche is primarily an equipment supplier manufacturing of transformers and smart grid solutions. The Arteche ACP subsidiary focuses on project, design, development,...