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December

Abengoa awarded two contracts in Mexico for a total of 91 million dollars

December 13, 2004

Seville, December 13th, 2004. - The Comisión Federal de Electricidad (CFE) has awarded Abengoa’s subsidiary Abener Energía S.A., two contracts in Mexico for the turnkey construction of the Baja California Sur II Diesel-fired Power Plant and the remodeling of the Emilio Portes Gil Thermal Power Plant. The total value of the contracts is 91 million dollars.

According to Abener’s Chairman, Mr. Alfonso Gonzalez Dominguez, “these contracts consolidate the company’s leading position in this market segment and are a clear indication of its capacity to provide these integrated services to the electrical sector to meet the growing demand for electric energy in Mexico.”

Baja California Sur II Diesel-fired Power Plant (Mexico)

The construction of the Baja California Sur II Diesel-fired Power Plant, which is located in the extreme south of the Baja California peninsula, has been awarded to Abener by the Comisión federal de Electricidad (CFE) from the five bids that had been received.

The 60-million dollar project is to be executed in 25 months and comprises the use of state-of-the-art technology for maximum exploitation of the surplus energy and the reduction of fuel consumption.

The construction of this power plant is the second diesel-fired power plant construction project to be executed by Abener in Mexico. The first construction contract was for the San Carlos diesel-fired power plant, commissioned in 2001.

Emilio Portes Gil Thermal Power Plant (Mexico)

Under open competition, the Comisión Federal de Electricidad (CFE) has chosen Abener, from the three bids it received, to remodel the Emilio Portes Gil Thermal Power Plant, which is located in Rio Bravo city, in the state of Tamaulipoas (Mexico).

The 31-million dollar project is to be executed in 19 months and comprises the modernization of the power plant and its changing to combined-cycle through the installation of a heat exchange unit.

This contract is Abener’s third combined-cycle power plant enlargement project in Mexico. Last year, it carried out the enlargement of the combined-cycle of El Sauz thermo-electric power plant in the state of Querétaro, and it is currently enlarging the combined-cycle of Hermosillo power plant.

Abeinsa, the parent company of the Abengoa’s Industrial Engineering and Construction Business Unit, concentrates its activity on engineering, construction and maintenance of electric and mechanical infrastructures and instrumentation in the energy, industry, transport and services sectors. In addition, its activity extends to the promotion, construction and operation of industrial and conventional energy plants (cogeneration and combined-cycle), renewable energy plants (bioethanol, biomass, wind, solar and geothermal), and turnkey telecommunication networks and projects. (www.abeinsa.com).

Abengoa, a listed industrial and technology company with share capital in excess of 522 million euro (31/12/2003), provides solutions for Sustainable Development, the Information and Knowledge Society, and the Creation of Infrastructures. It currently operates in four large activity sectors: Bioenergy, where it is the world’s no. 2 bioethanol producer; Environmental Services, where it is European leader in segments of the industrial waste market; Information Technologies, where it is one of the main role players at international level, with operations in Europe, America and Asia; and Industrial Engineering and Construction, where it is leader in Spain and Latin America. (www.abengoa.com).



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