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DESIGN, CONSTRUCTION, EQUIPMENT, INSTALLATION, OPERATION AND MAINTENANCE OF A PHOTOVOLTAIC CENTRAL IN THE STATE OF COAHUILA.

Sector: Electricity


Last Revision

November 25, 2024
Power Auction:
SLP-1/2016: Second Long Term Power Auction
 
Short Name of the Project:
0541 CENACE: 2nd Long Term Power Auction (SLP-1/2016) Andalucía II
Type of Investment:
Brownfield
Subsector:
Solar Power
Asset (s):
 Solar Farm 83 MW 
Contract Currency:
Mexican Pesos MXN
Estimated Investment MXN:

2,089,600,000

Estimated Investment USD:

122,198,830

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 “Andalucía II” photovoltaic power plant with a total production capacity of 83 MW in the state of Coahuila. The plant has the following features:
Power Zone: National
Export Area: “Norte”
Export Subarea: “Norte-Durango/Laguna”
Price Area: Laguna
Interconnection Zone: ANDALUCÍA AND-230

OPDE, was assigned the following contract through CENACE's 2016 long-term power auction:

Contract number: SLP2016010096-02 related to:
- Energy for 213,655 MWHr/Year during 15 years, with an offered price of MXN$58,411,695
Contract number: SLP2016010066-01 related to:
- Renewable Energy Certificates (CEL) for 213,655 CEL/Year during 20 years, with an offered price of MXN$64,141,366

The contract term is 15 years for energy and 20 years for CELs.

LEGAL AND FINANCIAL STRUCTURE
Type of Project
  Private
Type of Contract
  Assignment
Term
15 years
Selection Process
Public Auction
Financing Sources
Private
100 %
MXN
2,089,600,000
USD
122,198,830
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
Execution/Construction Starting Date June 08, 2018
Operation Starting Date November 25, 2019
Term of the Contract 2034
Contractor
Energía Solar de Poniente S. de R.L. de C.V.  
Major Contractor’s Shareholders
OPDE Investment España

GEOLOCATION
State(s)
Coahuila   
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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

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
05CO2017E0047
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 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/2127/GEN/2018
Permit
ID
Proemio: E/2127/GEN/2018
Resolutions Additional information
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Source
Concessionaire / Related Company
Website

MULTIMEDIA
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