Project

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

Sector: Electricity


Last Revision

October 25, 2024
 
Short Name of the Project:
0555 CENACE: 2nd Long Term Power Auction (SLP 1/2016) Mexsolar II
Type of Investment:
Brownfield
Subsector:
Solar Power
Asset (s):
 Solar Farm 30 MW 
Contract Currency:
Mexican Pesos MXN
Estimated Investment MXN:

2,100,000,000

Estimated Investment USD:

122,807,017

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 Mexsolar II photovoltaic power plant with a total capacity of 30 MW in the state of Guanajuato. The plant has the following features:
Power Zone: National
Export Area: "Occidental"
Export Subarea: "Occidental Querétaro/San Luis Potosí"
Price Area: Queretaro
Interconnection Zone: CHIPILO-CHI-115 73OC0 MEXISOLAR MANIOBRAS-MSM 115

Consorcio Guanajuato, was assigned the following contract through CENACE's 2016 long-term power auction with the Mexsolar II photovoltaic park, in conjunction with the Mexsolar I photovoltaic park (Guanajuato Solar PV):

Contract number: SLP2016010126-03 related to:
- Power for 12 MW/Year during 15 years, energy for 146,957 MWHr/Year during 15 years and Renewable Energy Certificates (CEL) for 146,957 CEL/Year during 20 years, with an offered price of MXN$96,144,516

LEGAL AND FINANCIAL STRUCTURE

Type of Project
  Private
Type of Contract
  Assignment
Term
15 years
Selection Process
Public Auction
Financing Sources
Private
100 %
MXN
2,100,000,000
USD
122,807,017
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 December 04, 2017
Operation Starting Date December 01, 2018
Term of the Contract 2033
Contractor
FV Mexsolar II  
Major Contractor’s Shareholders
China Three Gorges, Kinich Energía Holding

GEOLOCATION

State(s)
Guanajuato   

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 project consists of the installation and maintenance of a photovoltaic solar plant, in the state of Guanajuato, for the production of clean electricity.

* 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
11GU2015ED034
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
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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/1223/GEN/2014
CRE Permit
ID
PROEMIO: E/1223/GEN/2014
Resolutions Additional information
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Source
Concessionaire / Related Company

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