Project

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

Sector: Electricity


Last Revision

August 05, 2024
 
Short Name of the Project:
0559 CENACE: 2nd Long Term Power Auction (SLP-1/2016) El Mezquite
Type of Investment:
Brownfield
Subsector:
Wind Power
Asset (s):
 Wind Farms 250 MW 
Contract Currency:
Mexican Pesos MXN
Estimated Investment MXN:

10,000,000,000

Estimated Investment USD:

584,795,321

Banobras, Fonadin involvement Banobras/Fonadin involvement

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 "El Mezquite" eolic power plant with a total production capacity of 250 MW in the state of Nuevo León. The plant has the following features:
Power Zone: National
Export Area: "Noreste"
Export Subarea: "Noreste-Coahuila/Monterrey"
Price Area: Monterrey
Interconnection zone: OVA MON-230 93010 ESCOBEDO

Parque Eólico El Mezquite, through CENACE's 2016 Long- Term Power Auction, was assigned the following contracts:

Contract Number: SLP2016010151-10 related to:
- Energy for 820,635 MWHr/Year during 15 years, with an offered price of MXN$334,111,197
Contract Number: SLP2016010151-11 related to:
- Renewable Energy Certificates (CEL) for 774,938 CEL/Year during 20 years, with an offered price of MXN$267,149,026
Contract number: SLP2016010151-12 related to:
- Power for 76 MW/Year during 15 years, with an offered price of MXN$13,230,460

(*) Project with Banobras and/or National Infrastructure Fund (Fonadin) involvement or support.
Included in a listed vehicle

LEGAL AND FINANCIAL STRUCTURE

Type of Project
  Private
Type of Contract
  Assignment
Term
15 years
Selection Process
Public Auction
Financing Sources
Private
100 %
MXN
10,000,000,000
USD
584,795,321
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
Execution/Construction Starting Date February 2015
Operation Starting Date December 31, 2019
Term of the Contract 2034
Contractor
Parque Eólico El Mezquite  
Major Contractor’s Shareholders
Cubico Sustainable Investment

GEOLOCATION

State(s)
Nuevo Leon   

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

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Entity
Private
Department
Cubico Sustainable Investment

SUSTAINABLE INFORMATION

PROJECT’S SUSTAINABILITY SUMMARY

The Project will increase the installed capacity of energy generated from renewable sources, which will reduce the proportion of demand for energy from conventional production based on fossil fuels and will help to avoid emissions of greenhouse gases and other pollutants.

* This summary was prepared based on the methodological framework defined by the Inter-American Development Bank (IDB) in the document entitled: “Attributes and Framework for Sustainable Infrastructure”, which is You can check Here.

Additionally, a brief explanation of the methodology and a summary of the questions applied can be consulted in this Document.

ADDITIONAL INFORMATION

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Source
Secretaría de Medio Ambiente y Recursos Naturales
Description
Federal government entity and sectorial authority responsible for establishing the necessary criteria and instruments to guarantee the protection, preservation, and use of natural resources, by developing an environmental policy that ensures sustainable growth.
ID
19NL2014ED056
Permits
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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 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/1392/GEN/2015
Permit
ID
PROEMIO: E/1392/GEN/2015
Resolutions Additional information
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Source
Concessionaire / Related Company

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