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Desarrollos Eolicos Mexicanos De Oaxaca 1 S.I.P.I. de C.V. (Mexico)

Main Activities: Wind Electric Power Generation
Full name: Desarrollos Eolicos Mexicanos De Oaxaca 1 S.I.P.I. de C.V. Profile Updated: February 12, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English & Spanish Download a sample report

Desarrollos Eolicos Mexicanos De Oaxaca 1 S.I.P.I. de C.V. (DEMEX) is a Mexican company based in Mexico City. It was established as a subsidiary of Renovalia Reserve, a company formed in 2011 through the merger of Renovalia Energy and First Reserve. DEMEX specializes in the promotion, exploitation, management, and sale of electricity generated from renewable energy sources. DEMEX has developed 237 MW of wind technology in Oaxaca, Mexico. The project was executed in two phases. The first phase, Piedra Larga I, has an installed capacity of 90 MW and has been operational since November 2012. It supplies energy to Grupo BIMBO, one of the largest bakery companies in the world. The second phase, Piedra Larga II, has an installed capacity of 137.5 MW and has been operational since September 2014. It supplies energy to Walmart, a leading distribution company in Mexico, Latin America, and the world.

Headquarters
Ave. Ejercito Nacional 678 Piso 6 Polanco Reforma
Mexico City; Federal District of Mexico City; Postal Code: 11550

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Website: http://demexrenovables.mx/oaxaca-i/

Basic Information
Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
Key Executives
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Chief Executive Officer
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Chief Financial Officer
Company Performance
Financial values in the chart are available after Desarrollos Eolicos Mexicanos De Oaxaca 1 S.I.P.I. de C.V. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency MXN. Absolute financial data is included in the purchased report.
Net sales revenue
-0%
Total operating revenue
1.45%
Operating profit (EBIT)
-15.35%
EBITDA
-6.96%
Net Profit (Loss) for the Period
17.7%
Total assets
-7.68%
Total equity
-32.57%
Operating Profit Margin (ROS)
-5.18%
Net Profit Margin
12.51%
Return on Equity (ROE)
-4.94%
Debt to Equity Ratio
82.85%
Quick Ratio
-0%
Cash Ratio
-0.11%

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