Oct 18, 2012

Indigenous Groups Protest Mexico's Biggest Wind-Energy Project

Fox Business, October 17, 2012.

Mexican fishermen and indigenous groups from the southern state of Oaxaca protested Wednesday in front of the Mexico City offices of participants in a wind-energy project that would be one of the largest ever in Latin America, targeting Coca-Cola bottler and convenience-store operator Femsa (FMX), the Inter-American Development Bank and the Danish government, among others.

The few dozen protesters called for the cancellation of the Marena wind-farm project in a windy area of Oaxaca known as Tehuantepec on the grounds that construction and operation of the 132 windmill towers would hurt the livelihoods of local residents by damaging a delicate ecosystem in which fishermen eke out a modest living.

The energy project is part of a sustainability initiative by Femsa to provide clean energy for its operations and for that of its former beer unit, Cuauhtemoc Moctezuma, which is now owned by Heineken NV (HEIA.AE), according to Femsa's 2011 annual report.

Femsa didn't have an immediate comment on the protest, which was made symbolically outside the Mexico City office of the Coca-Cola Co. (KO), since Femsa's corporate offices are in the northern city of Monterrey. Read more. 

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