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La Laguna II

Sector: Natural Gas • Location: Mexico

Source: World Bank Group

Project
Active

Mexico's state power company CFE awarded a contract to build, own, and operate a thermoelectric power plant to Spanish power company Iberdrola SA. The 500 MW project was to be operated by Iberdrola for 30 years. Once construction was completed, Iberdrola was to sell power to CFE under a 25 year Power Purchase Agreement (PPA).

A turnkey construction contract was singed between Iberdrola and ICA

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Project Information

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The project “La Laguna II” is an infrastructure initiative in the Natural Gas sector, located in Mexico. Taiyo aggregates data on it from World Bank Group.

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Participants

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Description

Description

Mexico's state power company CFE awarded a contract to build, own, and operate a thermoelectric power plant to Spanish power company Iberdrola SA. The 500 MW project was to be operated by Iberdrola for 30 years. Once construction was completed, Iberdrola was to sell power to CFE under a 25 year Power Purchase Agreement (PPA). A turnkey construction contract was singed between Iberdrola and ICA Flour Daniel (jointly owned by Flour Corporation and Empresas ICA Sociedad Controladora) for the gas-fired plant in 2003. Construction was completed and the plant began operating in March 2005. None None

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Source reliability

High

Data quality score

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URL

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