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March

Abengoa to develop a new electricity transmission project in Mexico

March 6, 2013

  • The contract, worth approximately US$ 54 million, includes the engineering, construction and start-up of a 201 km transmission line and two substations.
  • It is one of the largest transmission line projects awarded by Mexico’s Federal Electricity Commission (CFE) in recent years.

Seville, March 6 2013. Abengoa (MCE: ABG.B), the international company that applies innovative technology solutions for sustainable development in the energy and environment sectors, has been chosen by Mexico’s Federal Electricity Commission (CFE) to carry out a new electricity transmission project in the state of Sonora in north west Mexico.

The “SLT 1112 Transmission and Transformation of the North West” project, worth approximately US$ 54 million, includes the construction of two substations and a 400 kV transmission line covering 201 km in the state of Sonora. Abengoa will be responsible for the engineering and construction of the line as well as putting it into service, which includes the two associated substations, ensuring the highest levels of quality at every stage of the project. The works are expected to be completed within 16 months and handed over to the CFE in May 2014. Abengoa will not maintain an interest in the assets it constructs.

Around 500 direct jobs will be created over the course of the project, which is one of the largest transmission line projects awarded by the CFE in recent years and will enable part of the region’s energy to be supplied in an efficient and sustainable way.

Abengoa’s current energy transmission projects in Mexico include more than 400 km of transmission lines and over 750 MVA in transformation.

This new project will expand Abengoa’s experience of transmission lines, consolidating its leadership position in this sector in Latin America, where it has more than 20,000 km in these types of transmission projects. Furthermore, in Mexico alone, it has participated in developing more than 2,600 km of electricity transport infrastructures.

About Abengoa

Abengoa (MCE: ABG.B) is an international company that applies innovative technology solutions for sustainable development in the energy and environment sectors, generating electricity from the sun, producing biofuels, desalinating sea water and recycling industrial waste. (www.abengoa.com)

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