Project

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

Sector: Electricity


Last Revision

February 01, 2024
 
Short Name of the Project:
0573 CENACE: 2nd Long Term Power Auction (SLP-1/2016) Bluemex Power
Type of Investment:
Brownfield
Subsector:
Solar Power
Asset (s):
 Solar Farm 90 MW 
Contract Currency:
Mexican Pesos MXN
Estimated Investment MXN:

2,100,000,000

Estimated Investment USD:

122,807,017

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 “Bluemex Power” photovoltaic power plant with a total production capacity of 90 MW in the state of Sonora. The plant has the following features:
Power Zone: National
Export Area: “Noroeste”
Export Subarea: “Noroeste-Obregón/Los Mochis”
Price Area: Obregon
Interconnection Zone: EMPALME EPM-115 73450 VICAM VCM-115

Bluemex Power 1, was assigned the following contracts through CENACE's 2016 long-term power auction:
Contract number: SLP2016010245-01, related to:
- Energy for 249,982 MWHr/Year during 15 years and Renewable Energy Certificates (CEL) for 249,982 CEL/Year during 20 years, with an offered price of MXN$170,219,281

LEGAL AND FINANCIAL STRUCTURE

Type of Project
  Private
Type of Contract
  Assignment
Term
15 years
Selection Process
Public Auction
Financing Sources
Private
100 %
MXN
2,100,000,000
USD
122,807,017
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 September 12, 2017
Operation Starting Date January 01, 2019
Term of the Contract 2034
Contractor
Bluemex Power 1  
Major Contractor’s Shareholders
EDF Energies Nouvelles Group

GEOLOCATION

State(s)
Sonora   

SPONSOR

Responsive image
Entity
Private
Department
EDF Energies Nouvelles Group

SUSTAINABLE INFORMATION

PROJECT’S SUSTAINABILITY SUMMARY

The project seeks to generate up to 90GWh per year for 30 years, avoiding the emission of greenhouse gases and other pollutants, contributing to the commitments assumed during COP21.

* 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

Responsive image
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
26SO2017E0018
Permits
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/1143/GEN/2014
Permit
ID
Proemio: E/1143/GEN/2014
Resolutions Additional informatio
Responsive image
Source
Concessionaire / Related Company

Follow the Project

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

 I have read and I accept the Privacy Notice