Radar > 241134

Mexico's second long-term power auction to generate USD 4bn in investments

Segunda subasta eléctrica de largo plazo de México generará inversiones por USD 4.000m

Intel ID : 241134
Synopsis

The second long-term auction for the hiring of power, cumulative electric energy, and clean energy certificates of Mexico featured 23 winning companies which will invest USD 4bn in the coming years to install 2,871 MW of capacity of clean energies, reported the Mexican department of energy in a press release issued on 28 September 2016.

Specifically, the winning companies come from 11 countries, including Mexico. Some of them are Mexico-based (BMV:IENOVA) (see related intel), Parque Eólico Reynosa III, the federal electricity commission (CFE), and Energía Sierra Juárez; Spain-based Grenergy Renovables (MAB:GREB) (see related intel); and Italy-based Enel Green Power (BME/BIT:EGPW).

The average price of the submitted bids was USD 33.47 MW/h, 30% less than that of the first auction.

The companies will develop wind, solar, hydraulic, and geothermal energy projects.
(content in spanish)

La segunda Subasta de Largo Plazo para la contratación de Potencia, Energía Eléctrica Acumulable y Certificados de Energía Limpias de México ha tenido 23 empresas ganadoras que invertirán en los próximos años USD 4.000m para instalar 2.871 MW de capacidad de energías limpias, ha anunciado la Sener en una nota de prensa publiacada el 28 de septiembre de 2016.

En concreto, las empresas ganadoras provienen de 11 países, incluido México. Algunas de las ellas han sido las mexicanas IEnova (BMV:IENOVA) (ver intel relacionado), Parque Eólico Reynosa III, la Comisión Federal de Electricidad (CFE), y Energía Sierra Juárez; la española Grenergy Renovables (MAB:GREB) (ver intel relacionado); y la italiana Enel Green Power (BME/BIT:EGPW).

El precio promedio de las ofertas presentadas ha sido USD 33,47 MW/h, 30% por debajo del obtenido en la primera subasta.

Las empresas desarrollarán proyectos eólicos, solares, hidráulicos y geotérmicos

Relevant Documents


Intel ID 241134
Value ND
Native Currency Mexican Peso (MXN)
Exchange Rate:
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Bidder

Name
verified
Subsector (Old TTR Sectors)
Energy and Renewable Energies / Electric (Primary)
Primary Sector (TTRSC)
20.03.05 Electric Utilities
20 Energy & Utilities / 20.03 Power Generation & Electric Utilities

Secondary Sectors (TTRSC)
20.04.08 Solar Power
20 Energy & Utilities / 20.04 Renewable Energy

Country
Website
Description

Bidder

Name
verified
Subsector (Old TTR Sectors)
Energy and Renewable Energies / Wind (Primary)
Primary Sector (TTRSC)
20.04.09 Wind Power
20 Energy & Utilities / 20.04 Renewable Energy

Country
Description

Bidder

Name
verified
Subsector (Old TTR Sectors)
Energy and Renewable Energies / Wind (Primary)
Primary Sector (TTRSC)
20.04.09 Wind Power
20 Energy & Utilities / 20.04 Renewable Energy

Country
Description

Seller

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Other Services (Primary)
Primary Sector (TTRSC)
20.03.10 Power Transmission & Distribution
20 Energy & Utilities / 20.03 Power Generation & Electric Utilities

Country
Website
Description

Ultimate Owner (Buyer)

Name
verified
Subsector (Old TTR Sectors)
Energy and Renewable Energies / Geothermal (Primary)
Energy and Renewable Energies / Solar
Energy and Renewable Energies / Wind
Primary Sector (TTRSC)
20.04.08 Solar Power
20 Energy & Utilities / 20.04 Renewable Energy

Secondary Sectors (TTRSC)
20.04.03 Geothermal
20 Energy & Utilities / 20.04 Renewable Energy

20.04.09 Wind Power
20 Energy & Utilities / 20.04 Renewable Energy

Country
Website
Description

Ultimate Owner (Buyer)

Name
verified
Subsector (Old TTR Sectors)
Energy and Renewable Energies / Solar (Primary)
Energy and Renewable Energies / Wind
Energy and Renewable Energies / Hydraulic
Primary Sector (TTRSC)
20.04.08 Solar Power
20 Energy & Utilities / 20.04 Renewable Energy

Secondary Sectors (TTRSC)
20.04.09 Wind Power
20 Energy & Utilities / 20.04 Renewable Energy

35.03.03 Construction & Engineering (Non Residential)
35 Industrials / 35.03 Construction & Engineering

35.03.05 Homebuilders (Residential)
35 Industrials / 35.03 Construction & Engineering

Country
Website
Description

Ultimate Owner (Buyer)

Name
verified
Subsector (Old TTR Sectors)
Energy and Renewable Energies / Oil and Gas (Primary)
Primary Sector (TTRSC)
20.03.10 Power Transmission & Distribution
20 Energy & Utilities / 20.03 Power Generation & Electric Utilities

Country
Website
Description

Related Entity

Name
Subsector (Old TTR Sectors)
Services and Distribution / Other Services (Primary)
Country
Website
Description

Radar

Date Title Type Intel Grade Country Subsector  

Legend:

verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.