Project

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

Sector: Electricity


Last Revision

February 01, 2024
 
Short Name of the Project:
0572 CENACE: 2nd Long Term Power Auction (SLP-1/2016) Solem II
Type of Investment:
Brownfield
Subsector:
Solar Power
Asset (s):
 Solar Farm 140 MW 
Contract Currency:
Mexican Pesos MXN
Estimated Investment MXN:

3,007,586,458

Estimated Investment USD:

175,882,249

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 ““Solem II", formerly known as Alten Aguascalientes 6, photovoltaic power plant with a total production capacity of 140 MW in the state of Aguascalientes. The plant has the following features:
Power Zone: National
Export Area: “Occidental”
Export Subarea: “Occidental-Centro”
Price Area: Centro
Interconnection Zone: ALTEN ENERGÍAS RENOVABLES MANIOBRAS AEM-230

Alten Energías Renovables México Cuatro, was assigned the following contracts through CENACE's 2016 long-term power auction:
Contract number: SLP2016010233-06 related to:
- Energy for 348,467 MWHr/Year during 15 years, with an offered price of MXN$85,825,543
Contract number: SLP2016010233-07 related to:
- Renewable Energy Certificates (CEL) for 392,082 CEL/Year during 20 years, with an offered price of MXN$137,792,984
Contract number: SLP2016010233-08 related to:
- Power for 36 MW/Year during 15 years, with an offered price of MXN$6,206,627

(*) Project with Banobras and/or National Infrastructure Fund (Fonadin) involvement or support.

LEGAL AND FINANCIAL STRUCTURE

Type of Project
  Private
Type of Contract
  Assignment
Term
15 years
Selection Process
Public Auction
Financing Sources
Private
100 %
MXN
3,007,586,458
USD
175,882,249
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 May 08, 2017
Operation Starting Date October 23, 2018
Term of the Contract 2033
Contractor
Alten Energías Renovables México Cuatro  
Major Contractor’s Shareholders
Alten Energías Renovables

GEOLOCATION

State(s)
Aguascalientes   

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
Private
Department
Alten Energías Renovables

SUSTAINABLE INFORMATION

PROJECT’S SUSTAINABILITY SUMMARY

The project aims to generate photovoltaic solar energy to meet the demand of the State of Aguascalientes at lower costs and with positive impacts for the economy, the provision of clean energy and the fight against climate change.

* 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
01AG2016ED020
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/1880/GEN/2016
Permit
ID
Proemio: E/1880/GEN/2016
Resolutions Additional information
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Source
Concessionaire / Related Company

REMARKS

Through the resolution RES / 1128/2017, the power generation permit was transferred to Cúbico Alten Aguascalientes Dos, S.A.P.I. de C.V.

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