Project

DESIGN, CONSTRUCTION, EQUIPMENT, INSTALLATION, OPERATION AND MAINTENANCE OF A HYDROELECTRIC POWER PLANT, IN THE STATE OF PUEBLA.

Sector: Electricity


Last Revision

October 01, 2025
 
Short Name of the Project:
0545 CENACE: 2nd Long Term Power Auction (SLP 1/2016) Necaxa 7
Type of Investment:
Brownfield
Subsector:
Hydraulic Power
Asset (s):
 Hydroelectric Power Plant 7 MW 
Contract Currency:
Mexican Pesos MXN
Estimated Investment MXN:

210,000,000

Estimated Investment USD:

11,351,351

Exchange rate (USD/MXN) used by the Ministry of Finance for the economic plan 2025: $ 18.5
Contract Scope:
  Design,  Construction,  Equipment,  Installation,  Operation,  Maintenance

DESCRIPTION

The project consists of the design, construction, equipment, installation, operation and maintenance of “Necaxa 7” hydroelectric power plant with a total production capacity of 7 MW in the state of Puebla. The plant has the following features:
Power Zone: National
Export Area: Central
Export Subarea: Central
Price Area: Central
Interconnection Zone: NECAXA NEC-85

Generadora Fenix, was assigned the following contract through CENACE's 2016 long-term power auction with the Necaxa 7 central:

Contract number: SLP2016010103-06 related to:
- Renewable Energy Certificates (CEL) for 33,051 CEL/Year during 20 years, with an offered price of MXN$4,627,207

LEGAL AND FINANCIAL STRUCTURE

Type of Project
  Private
Type of Contract
  Assignment
Term
20 years
Selection Process
Public Auction
Financing Sources
Private
100 %
MXN
210,000,000
USD
11,351,351
Payment Source
Project revenues / Rate
Electric Coverage Contract between “Suministro Básico” (Public Service Regulatory Entity) and the Generator.

STATUS

Stage
  Operation
Substage
  > 5 years of operation
RELEVANT DATES
Request for proposals/Announcement April 29, 2016
Proposals Reception August 01, 2016
Ruling September 28, 2016
Operation Starting Date July 15, 2016
Term of the Contract 2036
Contractor
Generadora Fénix  
Major Contractor’s Shareholders
Mota-Engil, SME

GEOLOCATION

State(s)
Puebla   

Entity in charge of controlling the possession of communal land, as well as providing documentary legal security derived from the application of the Agrarian Law, and is the operator of the Geospatial Information System (SIG).

SPONSOR

ADDITIONAL INFORMATION

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Source
Centro Nacional de Control de Energía
Description
Public entity whose objective is to exercise operational control over the national electric system and the operations of the wholesale electricity market, and to guarantee impartial access to the national transmission network and to the general distribution network
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Source
Comisión Nacional de Energía
Description
Decentralized body of the Ministry of Energy that has technical and operational independence to regulate energy matters.
ID
E/1809/GEN/2016
Permit Resolution RES/542/2016
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Source
Concessionaire / Related Company

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