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

Sector: Electricity


Last Revision

November 25, 2024
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Power Auction:
SLP-1/2015: First Long Term Power Auction
 
Short Name of the Project:
0582 CENACE. 1st Long Term Power Auction (SLP-1/2015) Parque La Pimienta
Type of Investment:
Brownfield
Subsector:
Solar Power
Asset (s):
 Solar Farm 300 MW 
Contract Currency:
Mexican Pesos MXN
Estimated Investment MXN:

N.A.

Estimated Investment USD:

N.A.

Exchange rate (USD/MXN) used by the Ministry of Finance for the economic plan 2025: $ 18.5
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 La Pimienta photovoltaic power plant with a total production capacity of 300 MW in the state of Campeche.

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 November 30, 2015
Proposals Reception January 20, 2016
Ruling March 31, 2016
Execution/Construction Starting Date February 01, 2020
Operation Starting Date September 10, 2022
Term of the Contract 2037
Contractor
La Pimienta Solar, S. de R.L. de C.V  
Major Contractor’s Shareholders
Atlas Renewable Energy

GEOLOCATION
State(s)
Campeche   
example

SPONSOR
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Entity
Private
Department
Vega Solar 1
Institutional Arrangement

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
04CA2018E0021
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 2015
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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/2234/GEN/2020
CRE Permit
ID
RES/098/2021
CRE Resolution
ID
RES/543/2022
CRE Resolution
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Source
Secretaría de Energía
Description
Federal Government entity responsible for controlling, managing and regulating Mexico’s energy resources, and establishing the national energy policy.
Social Impact Assessment
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Source
Concessionaire / Related Company
Project website
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Source
Comisión Federal de Electricidad
Description
State owned productive company involved in power generation, transmission, distribution, commercialization and supply activities.
Report

MULTIMEDIA

REMARKS
The date of operation is the reported as commercial operation on the CRE permit.
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