Project

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

Sector: Electricity


Last Revision

February 01, 2024
 
Short Name of the Project:
0553 CENACE: 2nd Long Term Power Auction (SLP-1/2016) Reynosa V
Type of Investment:
Brownfield
Subsector:
Wind Power
Asset (s):
 Wind Farms 158 MW 
Contract Currency:
Mexican Pesos MXN
Estimated Investment MXN:

N.A.

Estimated Investment USD:

N.A.

Exchange rate (USD/MXN) used by the Ministry of Finance for the economic plan 2024: $ 17.1
Contract Scope:
  Design,  Construction,  Equipment,  Installation,  Operation,  Maintenance

DESCRIPTION

The project consists of the design, construction, equipment, installation, operation and maintenance of Reynosa V eolic power plant with a total production capacity of 158 MW in the state of Tamaulipas. The plant has the following features:
Power Zone: National
Export Area: “Noreste”
Export Subarea: “Noreste-Tamaulipas”
Price Area: Reynosa
Interconnection Zone: AEROPUERTO AER-400

Parque Eólico Reynosa III, was assigned the following contracts through CENACE's 2016 long-term power auction:

Contract number: SLP2016010123-01, related to:
- Renewable Energy Certificates (CEL) 1,613,416 CEL/Year during 20 years, with an offered price of MXN$540,494,360
Contract number: SLP2016010123-05, related to:
- Energy for 1,613,416 MWHr/Year during 15 years, with an offered price of MXN$542,107,776

LEGAL AND FINANCIAL STRUCTURE

Type of Project
  Private
Type of Contract
  Assignment
Term
15 years
Selection Process
Public Auction
Financing Sources
Private
100 %
MXN
N.A.
USD
N.A.
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 February 28, 2019
Term of the Contract 2034
Contractor
Parque Eólico Reynosa III  
Major Contractor’s Shareholders
Zuma Energia, Actis, Mesoamerica Investments

GEOLOCATION

State(s)
Tamaulipas   

SPONSOR

Responsive image
Entity
Private
Department
Zuma Energía

ADDITIONAL INFORMATION

Responsive image
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
Responsive image
Source
Comisión Reguladora de Energía
Description
The Energy Regulatory Commission is an independent regulatory entity that fosters the efficient growth of the sector, as well as of a reliable power supply. Its mission is to regulate the activities of the power industry in a transparent, impartial, and efficient manner, in order to generate the required certainty that encourages productive investment, promotes healthy competition, and generates an adequate coverage of services.
ID
E/1470/GEN/2015
Permit
ID
PROEMIO: E/1470/GEN/2015
Resolutions Additional information

REMARKS

Previously, the permit E/1471/AUT/2015 was given by the Energy Regulatory Commission (CRE). Now, Reynosa III with the permit E/1470/GEN/2015 and resolution RES/976/2017 covers the capacity of this plant.

Follow the Project

Leave your e-mail to receive updates on this Project.

 I have read and I accept the Privacy Notice