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

Sector: Electricity


Last Revision

February 01, 2024
Power Auction:
SLP-1/2016: Second Long Term Power Auction
 
Short Name of the Project:
0540 CENACE: 2nd Long Term Power Auction (SLP 1/2016) Agua Prieta II
Type of Investment:
Brownfield
Subsector:
Thermic Power
Asset (s):
 Combined Cycle Power Plant 409 MW 
Contract Currency:
Mexican Pesos MXN
Estimated Investment MXN:

11,214,000,000

Estimated Investment USD:

655,789,473

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
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DESCRIPTION
The project consists of the design, construction, equipment, installation, operation and maintenance of “Agua Prieta II” combined cycle power plant with a total production capacity of 409 MW in the state of Sonora. The plant has the following features:
Power Zone: National
Export Area: “Noroeste”
Export Subarea: “Noroeste-Hermosillo/Cananea”
Price Area: Cananea
Interconnection Zone: AGUA PRIETA DOS AGD-230

Comisión Federal de Electricidad, was assigned the following contract through CENACE's 2016 long-term power auction:

Contract number: SLP2016010066-02 related to:
- Power for 374 MW/Year during 15 years, with an offered price of MXN$371,054,402

LEGAL AND FINANCIAL STRUCTURE
Type of Project
  Private
Type of Contract
  Assignment
Term
15 years
Selection Process
Public Auction
Financing Sources
Private
100 %
MXN
11,214,000,000
USD
655,789,473
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 October 21, 2016
Term of the Contract 2031
Contractor
Comisión Federal de Electricidad  
Major Contractor’s Shareholders
CFE

GEOLOCATION
State(s)
Sonora   
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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
Comisión Federal de Electricidad
Department
Empresa Productiva Subsidiaria Generación
Contact
Eduardo Buendía Dominguez
E-mail
eduardo.buendia@cfe.gob.mx
WebsiteInstitutional Arrangement

ADDITIONAL INFORMATION
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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 2016
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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/1847/GEN/2016
Permit
ID
Proemio: E/1847/GEN/2016
Resolutions 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
26SO2006E0013
Website

MULTIMEDIA

REMARKS
The date of operation is the one indicated in the ruling of the auction and refers to the commercial operation date when the sale begins. Prior to this date, the plant was already in operation.
0547 CENACE: 2a Subasta Eléctrica de Largo Plazo (SLP 1/2016) Necaxa 8 0548 CENACE: 2a Subasta Eléctrica de Largo Plazo (SLP 1/2016) Orejana

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