Project

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

Sector: Electricity


Last Revision

October 25, 2024
 
Short Name of the Project:
0534 CENACE: 2nd Long Term Power Auction (SLP-1/2016) Puerto Libertad
Type of Investment:
Brownfield
Subsector:
Solar Power
Asset (s):
 Solar Farm 180 MW 
Contract Currency:
Mexican Pesos MXN
Estimated Investment MXN:

N.A.

Estimated Investment USD:

N.A.

Banobras, Fonadin involvement Banobras/Fonadin involvement

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 “Puerto Libertad” photovoltaic power plant with a total production capacity of 180 MW in the state of Sonora. The plant has the following features:
Power Zone: National
Export Area: “Noreste”
Export Subarea: “Noroeste-Hermosillo/Cananea”
Price Area: Hermosillo
Interconnection Zone: PUERTO LIBERTAD PLD-230 93050 SANTA ANA STA-230

At Solar was assigned the following contracts through CENACE's 2016 long-term power auction:

Contract number: SLP2016010030-22 related to:
- Power for 29 MW/Year during 15 years, with an offered price of MXN$19,439,280
Contract number: SLP2016010030-23 related to:
- Energy for 478,260 MWHr/Year during 15 years, with an offered price of MXN$222,030,010
Contract number: SLP2016010030-24 related to:
- Renewable Energy Certificates (CEL) for 478,260 CEL/Year during 20 years, with an offered price of MXN$111,014,782

(*) Project with Banobras and/or National Infrastructure Fund (Fonadin) involvement or support.
Included in a listed vehicle

LEGAL AND FINANCIAL STRUCTURE

Type of Project
  Private
Type of Contract
  Assignment
Term
15 years
Selection Process
Public Auction
Financing Sources
Private
100 %
MXN
N.A.
USD
N.A.
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
Operation Starting Date June 30, 2019
Term of the Contract 2034
Contractor
At Solar V, Tuto Energy II  
Major Contractor’s Shareholders
Acciona

GEOLOCATION

State(s)
Sonora   

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

SUSTAINABLE INFORMATION

PROJECT’S SUSTAINABILITY SUMMARY

The purpose of the project is the generation of renewable energy through a solar power plant in the state of Sonora. Considers strategies for wildlife conservation, as well as for the empowerment of women from surrounding communities.

* 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

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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
26SO2014E0013
Procedures
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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
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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/1350/GEN/2015
Permit
ID
Proemio: E/1350/GEN/2015
Resolutions Additional information
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Source
Concessionaire / Related Company

REMARKS

Previously, the permit E/1349/AUT/2015 was given by the Energy Regulatory Commission (CRE). Now, Puerto Libertad (At Solar V) with the permit E/1350/GEN/2015 and resolution RES/2601/2017 covers the capacity of this plant.

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