CCC Norte-III power station

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CCC Norte-III power station, also known as Abeinsa Juárez N-III, is a 907-megawatt (MW) gas-fired power plant, operating in the state of Chihuahua, Mexico.[1][2]

Location

The satellite photo below shows the exact location of the power station in Partido Iglesias - Ciudad Juarez, the state of Chihuahua, Mexico.

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Project Details

  • Sponsor: Abeinsa Juárez N-III, S. A. de C. V.[2]
  • Parent company: Macquarie Group (45.5%), InfraRed (35.5%), Invex (10%), Techint Engineering (9%)[3]
  • Location: Partido Iglesias - Ciudad Juarez, the state of Chihuahua, Mexico[4]
  • Coordinates: 31.472712, -106.471365 (exact)
  • Gross capacity (operating): 924 MW
    • Combined-cycle units 1-2: 453 MW per unit[1] (start-up year 2020)[5][6]

Background

The project was awarded a bridge loan on which it ultimately defaulted when the parent company Abengoa struggled financially and underwent an insolvency process in Spain.[7] Accordingly, the project was suspended as restructuring or potential sales were considered.[7] Carl Marks Advisors (CMA) determined the sale of Norte III would maximize value and moved forward with the process.[7] A joint bid from Macquarie Group and Techint Engineering & Construction was chosen as the most viable path for Norte III to reach commercial operations in 2017.[7] In March 2018, Macquarie Group sold 45.5% of their total equity interest in Norte III to InfraRed (35.5%) and Invex (10%).[8]

In June 2020, construction of the Norte III combined cycle power plant by Techint Engineering & Construction-Macquarie Capital consortium was completed and commercial operations had begun.[5][6]

Natural gas is supplied to the Norte III plant via the San Isidro-Samalayuca pipeline.[9]

Articles and Resources

References

  1. 1.0 1.1 "38 CCC Norte III". Grupo Norte Energia. Retrieved August 21, 2020.
  2. 2.0 2.1 "TABLA DE PERMISOS DE GENERACIÓN E IMPORTACIÓN DE ENERGÍA ELÉCTRICA ADMINISTRADOS AL 30 DE ABRIL DE 2018" (PDF). Observatorio del Ecosistema de Innovación de las Energías Limpias. April 30, 2018.
  3. "Norte III Combined-Cycle Power Plant - NS Energy". www.nsenergybusiness.com. Retrieved 2021-06-23.
  4. Norte III Combined Cycle Power Plant, Chihuahua, Power Technology, accessed November 2019.
  5. 5.0 5.1 "Norte III launches commercial operations". Techint. June 15, 2020.
  6. 6.0 6.1 "Planta de ciclo combinado Norte III inició operaciones comerciales: GE". Milenio. June 18, 2020.
  7. 7.0 7.1 7.2 7.3 "Two-Pronged Sale Process for Power Plant Project – Carl Marks Advisors". www.carlmarksadvisors.com. Retrieved 2021-06-23.
  8. "Macquarie Capital sells 45.5% stake in power plant under construction in Ciudad Juarez - MEXICONOW". MEXICONOW. 2018-03-20. Retrieved 2021-06-23.
  9. "0765 CFE: Gasoducto San Isidro – Samalayuca". Proyectos México. Retrieved 2021-04-06.