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Santiago Solar Plant

Sector: Power Generation (CCGT) • Location: San Luis Potosí, Mexico

Source: World Bank Group

Project
Active

The project entails the development of a 170 MW solar farm located in San Luis de Potosi. The project is initiated on a merchant basis by Iberdrola SA.

The generated power will be sold to the private customers under the new Wholesale Electricity Market. The project is covered with long term PPAs with private customers.

The construction of the plant commenced in August 2017 and thus considered

Status
Prospective
Sector
Power Generation (CCGT), Raw Materials, Solar, Warehouse, Government
Location
San Luis Potosí, Mexico
Updated
22 Jul 2026
Source
World Bank Group

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Project Information

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The project “Santiago Solar Plant” is an infrastructure initiative in the Power Generation (CCGT) sector, located in San Luis Potosí, Mexico. Taiyo aggregates data on it from World Bank Group.

Participants

Sponsoring Agency

Status

Original status

active

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

The project entails the development of a 170 MW solar farm located in San Luis de Potosi. The project is initiated on a merchant basis by Iberdrola SA. The generated power will be sold to the private customers under the new Wholesale Electricity Market. The project is covered with long term PPAs with private customers. The construction of the plant commenced in August 2017 and thus considered financial closure data. As of December 2017, there are no financing details. It is expected that the plant will be operational in 2018. Investment amount estimated based on the Hermosillo Solar Plant which are being built simultaneously by Iberdrola.

Original sector

Energy

Budget

Location

Country

Mexico

State

San Luis Potosí

Source

Source

World Bank Group

URL

More Details

Record type

Project

Sector

Power Generation (CCGT), Raw Materials, Solar, Warehouse, Government

Article published date

2024-05-17

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