BBVA Bancomer, Santander and NordLB have signed for the USD 910 million loan with WestLB Capital Markets Latin America, a unit of Germany-based WestLB, to finance the construction of the 750MW La Yesca hydroelectric project on the Santiago River in Mexico’s Jalisco and Nayarit states. La Yesca, which will be the second tallest dam in the world at 220m after China’s Shibuya, includes a reservoir of 12 million cum. During La Yesca’s second tender, the project called for the construction of civil work, electro-mechanical work, associated work, engineering, equipment and materials supply, installation, testing, technical support and associated services. Mexican state-owned power company Comision Federal de Electricidad awarded the construction of the La Yesca hydroelectric project to a consortium composed of the Mexican engineering firm Empresas ICA S.A. de C.V., Promotora e Inversora, Peninsular Compania Constructora and Constructora de Proyectos Hidroelectricos, all located in Distrito Federal, Mexico. BBVA Bancomer, Santander and NordLB have joined Citibank and HSBC, which had previously signed for the financing of the 750MW La Yesca hydroelectric project, in this undertaking. The USD 910 million loan has a due date in four years and nine month, and each bank is authorized to finance up to a fifth of the total amount. Construction of La Yesca Hydroelectric project will last four years.