Iberdrola wins $89m on-site power contract in Mexico


Spain’s Iberdrola Ingenieria has been selected to fulfil an $89.7m contract by state-owned oil giant Petroleos Mexicanos (Pemex) to build a line to carry steam from the Salamanca cogeneration plant to the Ingeniero Antonio M. Amor refinery in central Mexico.

The contract is “a new and important step in a strategic country,” the Iberdrola unit said, referring to its first contract with Pemex.
Pemex will use the steam to generate electricity with a turbine and in different phases of the refining process, Iberdrola Ingenieria said.

The 18-month project calls for building a 2.5-kilometer (1.55-mile) line from the cogneration plant to the refinery, both of which are in Guanajuato state.

Grupo Iberdrola has operated in Mexico since 1998 and has total investments of around $2.7 billion in that country.

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