Copying and distributing are prohibited without permission of the publisher
Nuevo Pemex: Mexican miniperm
29 July 2010
Read more:
[pemex]
[abengoa]
[abener]
[banobras]
Abengoa and GE closed the $632.4 million financing for the Nuevo Pemex cogeneration project on 18 June. The deal is notable as the first power procurement for Mexico’s state oil company, Petroleos Mexicanos, one of the first deals for Mexico’s state development bank, Bonbras, in the private power sector, and is a sign than Pemex might be becoming more open to private sector provision of its infrastructure.
Abengoa, with 60% of the equity either directly or through its contracting arm Abener, and GE Energy Financial Services, with 40%, have already started construction on the project, with Abener as engineering, procurement and construction contractor. NAES, an Itochu subsidiary, will operate the plant, located near Villahermosa, Tabasco state, Mexico.The plant will be located inside Pemex’ Tabasco refining complex, on a site set aside by Pemex for the project. Pemex decided to procure a new cogeneration plant from...
You must be logged in to view this page. If you are already a subscriber, or have an active trial, simply log in below.
If you’re not a registered user, you can get access to the website by taking a free trial. You can register for a trial online or by contacting our sales team – simply email benchbase@projectfinancemagazine.com or call +44 (0) 20 7779 8284.
Subscribe
Subscribers have unlimited access to all current and archive content. Start your
subscription today - click on the button below.
Subscribe
Free trial
Taking a free trial will give you access to the latest news and analysis, as
well as the online deals database, BenchBase. Start your free trial today.
Free Trial