The Federal Electricity Commission (CFE) of Mexico has announced the bidding rules for proposals for the development of the Ixtepec Potencia – Yautepec Potencia transmission project, which includes the first direct current transmission line. The project represents an estimated investment of US$1.7 billion and will enter into commercial operation in the year 2021.
Energy Finance & Investment News in Mexico
The Government of Mexico has started the tender process for the Baja California Transmission Line project. The tender is seeking a developer to install and operate a 1,400 km transmission line linking Seri, in the state of Sonora, in north-east Mexico, to Cucapáh in the state of Baja California.
The Abraaj Group announced it has invested in a 111 MW natural gas-fired power plant in Chihuahua, Mexico. The investment represents the first phase of Abraaj’s plan to develop a 500 MW natural gas-fired power generation platform in the country.
Neoen has won the third Mexican call for tenders on 22 November 2017 with its 377 MWc solar photovoltaic project in the state of Aguascalientes, due to be connected to the grid in June 2020.
The Secretariat of Energy (SENER) of Mexico has announced that two solar projects totaling 337 MW have officially reached financial close.
ENGIE strengthens its presence in the Mexican renewable energy market by obtaining four projects in the Long Term Electricity Auction organized by Mexico’s National Center for Energy Control (CENACE).
Canadian Solar will develop and build three projects in Mexico, totaling 367 MWp. Once connected to the grid, the electricity generated will be sold to the Comisión Federal de Electricidad (CFE) under a 15-year power purchase agreement.
IPPToday #105: Enel will develop 593 MW of wind capacity in Mexico following the third renewable auction in the country
Enel S.p.A., has been awarded the right to sign a number of contracts in Mexico to supply energy and clean certificates with four wind projects for a total capacity of 593 MW in the country’s third long-term public tender since its energy reform.
Mexico has selected 16 offers in the preliminary results of the country's third long-term electric power auction, receiving record low prices in the economic offers from developers.
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.
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).