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

Sector: Electricity


Last Revision

November 25, 2024
Power Auction:
SLP-1/2015: First Long Term Power Auction
 
Short Name of the Project:
0579 CENACE. 1st Long Term Power Auction (SLP-1/2015) Aguascalientes Potencia 1
Type of Investment:
Brownfield
Subsector:
Solar Power
Asset (s):
 Solar Farm 60.80 MW 
Contract Currency:
Mexican Pesos MXN
Estimated Investment MXN:

2,241,200,000

Estimated Investment USD:

121,145,945

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
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DESCRIPTION
The project consists of the design, construction, equipment, installation, operation and maintenance of “Aguascalientes Potencia 1" photovoltaic power plant with a total production capacity of 60.8 MW in the state of Querétaro. The plant has the following features:
Power Zone: National
Export Subarea: “Occidental”
Price Area: Aguascalientes
Interconnection Zone: AGUASCALIENTES POTENCIAS APT-230-93960-LEON TRES LNT-230

Recurrent Energy Mexico Development, was assigned the following contract through CENACE's 2015 long-term power auction:

Contract number: SLP2015010148-01 related to:
- Energy for 140,970 MWHr/Year during 15 years and issue Renewable Energy Certificates (CEL) for 140,970 CEL/Year during 20 years, with an offered price of MXN$116,936,169
Included in a listed vehicle
ICUA2CK

LEGAL AND FINANCIAL STRUCTURE
Type of Project
  Private
Type of Contract
  Assignment
Term
15 years
Selection Process
Public Auction
Financing Sources
Private
100 %
MXN
2,241,200,000
USD
121,145,945
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 April 30, 2018
Operation Starting Date September 20, 2018
Term of the Contract 2033
Contractor
Recurrent Energy Mexico Development  
Major Contractor’s Shareholders
BlackRock

GEOLOCATION
State(s)
Aguascalientes   
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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
Recurrent Energy Mexico Development
WebsiteInstitutional Arrangement

SUSTAINABLE INFORMATION
imagen sostentabilidad
Sustainability Datasheet

PROJECT’S SUSTAINABILITY SUMMARY

The project seeks to generate up to 60 MW in alternating current, with an estimated annual production of 146 GWh, with a lower long-term environmental impact in relation to livestock activities currently carried out in the area.

* 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
01AG2016E0018
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/1825/GEN/2016
Permit
ID
Proemio: E/1825/GEN/2016
Resolutions Additional Information

MULTIMEDIA
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