The loan will support the $196m investment Enel Green Power has made in the wind farm, which is capable of generating about 260GWh of energy per year.

Featuring 50 2MW turbines, the wind farm is currently under operation in the municipality of Charcas in the Mexican State of San Luis Potosì.

It has two long-term power purchase agreements worth a total of around $485m.

The loan is the second granted to the Enel Green Power by Banco Santander with the coverage of Spanish Export Credit Agency (CESCE) in 2014.

Enel Green Power focuses on the development and management of renewable energy sources and has about 750 plants operating in 16 countries in Europe and the Americas.

In Mexico, the company has a total installed capacity of 197MW, of which 144MW is generated through wind power and 53MW by hydroelectric.