Project

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

Sector: Electricity


Last Revision

November 04, 2024
 
Short Name of the Project:
0700 CENACE. 3rd Long Term Power Auction (SLP-1/2017) Pachamama
Type of Investment:
Brownfield
Subsector:
Solar Power
Asset (s):
 Solar Farm 300 MW 
Contract Currency:
Mexican Pesos MXN
Estimated Investment MXN:

6,600,000,000

Estimated Investment USD:

385,964,912

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 “Pachamama” photovoltaic power plant with a total production capacity of 300 MW in the state of Aguascalientes. The plant has the following features:
Power Zone: National
Export Area: “Occidental”
Price Area: Aguascalientes
Interconnection Zone: [AGUASCALIENTES POTENCIA-(APT-400)-400J]-A3J40-[EL POTOSÍ-(EPS-400)-400]

Neoen International, was assigned the following contract through CENACE's 2017 long-term power auction:

Contract number: SLP2017010093-002 related to:
- Energy for 616,692 MWHr/Year during 15 years and Renewable Energy Certificates (CEL) for 770,864 CEL/Year during 20 years, with an offered price of MXN$242,616,721

LEGAL AND FINANCIAL STRUCTURE

Type of Project
  Private
Type of Contract
  Assignment
Term
15 years
Selection Process
Public Auction
Financing Sources
Private
100 %
MXN
6,600,000,000
USD
385,964,912
Payment Source
Project revenues / Rate
The Clearing House is responsible for making the corresponding payments, derived from the following Electric Coverage Contracts with buyers and sellers:
- “Entidades Responsables de Carga” and the Clearing House
- Clearing House and the Generators

STATUS

Stage
  Operation
Substage
  > 5 years of operation
RELEVANT DATES
Request for proposals/Announcement May 08, 2017
Proposals Reception November 08, 2017
Ruling November 22, 2017
Contract Signing April 13, 2018
Execution/Construction Starting Date July 07, 2018
Operation Starting Date May 31, 2019
Term of the Contract 2035
Contractor
ENR AGS  
Major Contractor’s Shareholders
Neoen

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
Neoen International

SUSTAINABLE INFORMATION

PROJECT’S SUSTAINABILITY SUMMARY

The project promotes the development and use of solar energy, contributing to the deployment of energy infrastructure in the region, in accordance with current mitigation and environmental protection measures.

* 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
01AG2017ED045
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/1923/GEN/2017
Permit
ID
Proemio: E/1923/GEN/2017
Resolutions Additional Information

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