Iberdrola has recently announced that it has been awarded a new electricity generation project in Mexico, the 887 MW Topolobampo II (Noroeste) combined cycle power plant to be located in Sinaloa state in the municipality of Ahome, north of the city of Los Mochis.
By the time it is commissioned in January 2019, the 887 MW combined cycle plant will produce enough electricity to meet the consumption needs of over three million Mexicans. The project development will require the investment of some US$400 million.
Under the terms of the contract awarded in the tender procedure organized by the Mexican Federal Electricity Commission (CFE), Iberdrola will be in charge of the construction, commissioning, operation and maintenance of this generation plant, as well as being the owner of the facility. The company will also sell all of the energy produced by this combined cycle facility under the terms of a 25-year contract.
The Noroeste combined cycle power plant will be equipped with state-of-the-art technology, including M501J model gas turbines from Japanese manufacturer Mitsubishi Hitachi Power Systems (MHPS).
As well as building the plant, Iberdrola will set up all the necessary additional facilities to enable the connection to the Mexican electricity grid, such as the power lines and the transformer substation needed.
Apart from the Noroeste combined cycle, Iberdrola currently has energy generation projects under construction in Mexico with a combined investment worth some US$2 billion, which means that the company’s commitment to this country is one of the most important international commitments it has ever undertaken.
To be more specific, it is building three new combined cycle (Baja California III, Dulces Nombres II and Escobedo) and three co-generation plants (Ramos Arizpe, San Juan del Río and Altamira).