Market Overview

CEMEX to Participate in $300M Clean Energy Fund

CEMEX (NYSE: CX) announced today that it will
participate in a Clean Energy Fund that is expected to raise
approximately U.S.$300 million through a public offer of Certificados de
Capital de Desarrollo (CKDs, or Capital Development Certificates) in the
Bolsa Mexicana de Valores (Mexican stock exchange) which proceeds will
be invested in a series of clean energy projects in Mexico. CEMEX will
provide its industry-leading technical expertise in clean energy
generation to all of the fund's projects.

CEMEX's participation in the Clean Energy Fund will be limited to the
management and advisory activities under the guidance of a technical
committee and the certificate holders meeting of the projects authorized
by the

See full press release

Posted-In: News Guidance Contracts Management Global

 

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