iberdrola holds 80% of the manufacturing business. Mexican. Spanish energy company signs deal sales contract with government company Mexican Infrastructure Partners (MIP) worth 6 billion dollars (5,500 million euros), as reported to the National Securities Market Commission (CNMV). The agreement assumes: 8,539 megawatts (MW) sales has installed capacity, so the company has a power of only 2,427 MW. own capacity in the country.
Most of the sales (8,436 MW) gas stations (combined cycles), about 103 MW active wind. Iberdrola specifically includes combined cycle power plants operating under the Independent Power Producers regime contracted with the Federal Electricity Commission (CFE), Monterrey I and II, Altamira III and IV, Altamira V, Escobedo, La Laguna, Tamazunchale I, Baja California, Topolobampo II and Topolobampo IIIwith him wind presence La Venta IIItogether Special gas plants of Monterrey III and IV, Tamazunchale II and Enertek. In this way, the Spanish company Mexico will barely have 1,166 MW of combined cycle power plants, 202 MW of cogeneration and 1,059 MW of renewables.
The deal came after the Mexican president. Andres Manuel Lopez Obrador accused in February various companies Spanish companies established in the country are among them, Iberdrola, accused of “lobbying” against him electricity reform proposal and described him as a “favorite” of presidents’ governments Felipe Calderon and Enrique Peña Nieto for take advantage of contracts for electricity supply, which has a negative impact for the country. “It’s a crime not only that Mexico lost, but also that a company benefiting from electricity supply contracts hired the Mexican Minister of Energy (Georgina Kessel) and hired the former president of Mexico, Felipe Calderón, as a worker. This is a crime. insulting our people“According to European Press, he explained.
This Monday, Iberdrola President Ignacio Sánchez Galán and the President of the Mexican Government signed the peace bar. Both came together to announce “a beginning”. new phase” After the signing of this agreement and the fulfillment of Iberdrola’s commitments “New investments” in Mexico. “(The agreement) marks the beginning of a new phase in which the company will be actively involved in the country’s renewable development,” he said. Lopez Obrador, according to a statement sent by the multinational. “Iberdrola approves Betting on Mexico its reaffirmation leadership as the main dedicated generator renewable energy With the support of the Federal Government,” repeats the electric company.
to continue your service “Existing customers” (as well as companies that are temporarily surrounded by the operation) after surviving most of its generation, Iberdrola México to sign electricity purchase contracts (ppa) with buyer fund (Mexico Infrastructure Partners). In addition, the company adds that both parties will “work together to try.” resolve various open disputes In recent years”.
The agreed value for sale is approx. 6 billion dollarshowever the final figure may be different depending on the date. closing of the transaction, as the company points out. The transaction is subject to contract and signature. final agreements by the partiesIn addition to obtaining Legal approvals necessary and compliance with “certain usual conditions in such operation”. there is an operation Financial support from the Mexican National Infrastructure Fund (Fonadin) and other public financial institutions affiliated with the Mexican Government.