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

Sector: Electricity


Last Revision

February 01, 2024
Power Auction:
SLP-1/2015: First Long Term Power Auction
 
Short Name of the Project:
0560 CENACE: 1st Long Term Power Auction (SLP-01/2015) Energia Renovable de la Peninsula
Type of Investment:
Brownfield
Subsector:
Wind Power
Asset (s):
 Wind Farms 92.40 MW 
Contract Currency:
Mexican Pesos MXN
Estimated Investment MXN:

3,340,000,000

Estimated Investment USD:

195,321,637

Exchange rate (USD/MXN) used by the Ministry of Finance for the economic plan 2024: $ 17.1
Contract Scope:
  Construction,  Equipment,  Installation,  Operation,  Maintenance
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DESCRIPTION
The project consists of the design, construction, equipment, installation, operation and maintenance of “Energía Renovable de la Península” eolic power plant with a total production capacity of 92.4 MW in the state of Yucatan. The plant has the following features:
Power Zone: Nacional
Export Area: “Peninsular”
Export Subarea (for the contract corresponding to 2016): Peninsular-Campeche/Yucatán
Price Area: Merida
Interconnection Zone: SAN IGNACIO IGN-115

Energía Renovable de la Península, was assigned the following contract through CENACE's 2015 and 2016 long-term power auction:

Contract number: SLP2015010134-03 (Auction 2015) related to:
- Energy for 275,502 MWHr/Year during 15 years and issue Renewable Energy Certificates (CEL) for 275,502 CEL/Year during 20 years, with an offered price of MXN$314,423,955
Contract number: SLP2016010164-04 (Auction 2016) related to:
- Power for 14 MW/Year during 15 years, with an offered price of MXN$8,886,528
Contract number: SLP2015010134-03 (Auction 2016) related to:
- Power for 16 MW/Year during 15 years, with an offered price of MXN$8,886,528

LEGAL AND FINANCIAL STRUCTURE
Type of Project
  Private
Type of Contract
  Assignment
Term
15 years
Selection Process
Public Auction
Financing Sources
Private
100 %
MXN
3,340,000,000
USD
195,321,637
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 November 30, 2015
Proposals Reception January 20, 2016
Ruling March 31, 2016
Contract Signing July 12, 2016
Execution/Construction Starting Date October 12, 2018
Operation Starting Date December 23, 2019
Term of the Contract 2034
Contractor
Energía Renovable de la Península  
Major Contractor’s Shareholders
Vive Energía, Envision Energy International

GEOLOCATION
State(s)
Yucatan   
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Go to GIS for this project

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
Vive Energía
WebsiteInstitutional Arrangement

SUSTAINABLE INFORMATION
imagen sostentabilidad
Sustainability Datasheet

PROJECT’S SUSTAINABILITY SUMMARY

The project consists of the installation, operation and maintenance of 36 wind turbines in the Progreso Wind Farm, located in the north of Yucatán, in order to generate clean energy for the region. Considers social investment and liaison plans to improve community conditions, as well as plans for the creation of technical capacities in the field of renewable energies for inhabitants of the region.

* 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.

DOCUMENTS USED:

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
31YU2017ED010
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
Website
 Ruling 2015
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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/2104/GEN/2018
Permit
ID
PROEMIO: E/2104/GEN/2018
Resolutions Additional information

MULTIMEDIA

REMARKS
The dates shown correspond to the 2015 Long Term Electric Auction.
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