Alpek and ContourGlobal have entered into a 60-day exclusivity period to conduct confirmatory due diligence and negotiate final agreements in relation to ContourGlobal’s potential acquisition of Alpek’s cogeneration power plants in Cosoleacaque and Altamira, Mexico.
Energy Finance & Investment News in Mexico
Mexico Pacific Limited has received an investment from Aecom Capital’s infrastructure fund for the development costs of an estimated US$1 billion Liquified Natural Gas project in the Gulf of California.
Comisión Federal de Electricidad (CFE) has opened technical proposals for the proposed Topolobampo branch line, in the state of Sinaloa, northwestern Mexico. Three companies have submitted their bids for the pipeline project to supply natural gas to power plants.
Mexico’s Secretariat of Environment and Natural Resources (Semarnat) has received six large-scale PV projects for environmental approval with a combined capacity of 843.6 MW. Four developers requested the permits to develop the solar projects in different parts of the country.
Mexico's Energy Secretariat (SENER) has announced that the country’s state-owned development banks are to finance 964 MW of wind and solar capacity across three projects.
WSP Global Inc. has announced that it is pursuing its expansion in Latin America through the acquisition of Poch, a 730-employee professional services firm based in Chile. The firm has additional offices in Peru, Colombia and Mexico.
Fisterra Energy, a company majority owned by Blackstone’s energy-focused private equity fund, Blackstone Energy Partners, and global private equity fund, Blackstone Capital Partners, have announced it has achieved a financial closing for the Tierra Mojada combined-cycle gas turbine (CCGT) power plant in Guadalajara, Mexico.
InterGen has recently announced plans to advance the sale of its business interests in Mexico. It is expected that a formal sales process will be launched shortly.
The Secretariat of Energy (SENER) together with Mexico’s National Center for Energy Control (CENACE) have published, and expects to be concluded in November, a call for a new power auction in the country.
Iberdrola, a spanish utility, has announced the development of a 220 MW wind farm located in Puebla state, Mexico.
Iberdrola has been awarded the contract for an important new energy project in Mexico, the Topolobampo III combined-cycle power plant (CCGT).
International lenders have announced the US$535 million permanent financing for a 380-mile natural gas pipeline running between Samalayuca, Chihuahua and Sásabe, Sonora.
The Puerto Libertad photovoltaic plant in the State of Sonora (México) will see its capacity increased by 50% to 339 MWp.
CAAAPITAL and Shanghai Ventures, through its structuring and commercial partner, Intelegis, are announcing the launch of DG Energy Capital, a Private Equity fund that will provide innovative financial solutions for developers in Mexico’s distributed solar generation market.
Governments of Latin America to discuss investment opportunities for energy projects – Washington, D.C March 2017
Latin American public and private sector leaders will address countries’ policies and strategies to engage investors and stimulate open discussions. 250 energy developers, financiers and public sector stakeholders are expected to attend the meeting from North America and countries across Latin America.
The Ministry of Public Works and Services of Mexico has launched a public tender for a thermal plant that will convert solid waste into energy for the subway network.
Fermaca has achieved financial closure for Villa de Reyes-Aguascalientes-Guadalajara gas pipeline project.
Howard Energy Partners and Grupo Clisa reach FC for the design, construction and operation of the Nueva Era Pipeline System project aimed to transport natural gas supplies from the U.S. to end-users in and around Monterrey, Mexico.
Fotowatio Renewable Ventures (FRV), a developer of large-scale solar power plants, has been awarded a 300 MW solar project in the second electricity market auction, conducted by the National Energy Control Center (CENACE) of Mexico.
A group of major international lenders have provided financing for the construction of a natural gas pipeline between the states of Durango and Aguascalientes in Mexico.