Abengoa is set to build a 640 MW combined-cycle power plant (CCPP) in Mexico after the country’s Federal Commission of Electricity chose the Spanish company to carry out the project, news agency EFE reports.

It is seen as one of the most ambitious power plant constructions projects that Mexico has undertaken recently.

The plant will receive an investment of $440m and is expected to be completed within 24 months.

The construction of the plant is part of a wider effort to develop the central area of the country to enable greater diversification of generation sources and improve the overall efficiency of power distribution in Mexico.

Abengoa is currently carrying out an additional five projects with the CFE, including the recently awarded Tamaulipas transmission line project, covering more than 85 km, and the Agua Prieta II project awarded in July.

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