Untitled Document

Spanish firm to build Mexico's 17-MW Benito Juarez

The engineering and construction unit of Spanish utility Iberdrola has won a US$13.9 million contract to build the 17-MW Benito Juarez hydroelectric project in Mexico's Oaxaca State.

Iberdrola Ingenieria y Construccion (Iberinco) is to carry out a turnkey contract, including design, engineering, procurement, construction, supervision, and commissioning of the plant on the Tehuantepec River. The contract, awarded by developer Electricidad del Istmo, is to require 21 months.

A statement by Iberdrola said the contract is Iberinco's first such turnkey construction outside of Spain for a client other than Iberdrola. It said the contract indicates a new direction for Iberinco and fortifies its presence in Mexico.

Conduit Capital Partners LLC, a New York-based equity investment firm, has committed to invest US$9 million in Benito Juarez. (HNN 9/27/06) Conduit said the US$28 million project is to be completed in 22 months. Power customers are to include industrial companies that will buy power through long-term contracts in U.S. dollars or the equivalent.

Latest Slideshow

Your Picture Here: Send Us Your Dam Selfie

View Slideshow >>

more slideshows >>   

Hydro Whitepapers

Hydro Industry Financials

Most Read Articles

Recent Comments

Continuing Education

Professional Development Hours
To access a course listing associated to a specific topic listed below, click on the topic of choice from the list below.

Volume 34, Issue 2
Volume 23, Issue 2

Archived Articles

2006 | 2007 | 2008 | 2009 | 2010 2011 | 2012 | 2013
Hydro Review Past Issues

Buyers Guide Companies

Synergy Holdings Inc

Renewable energy for residential, commercial, m...

WorleyParsons – Brasil

Zollern Transmissões Mecânicas Ltda

Manufacturers of plain bearings, hydro power be...

Potencia Industrial SA

Manufactures hydroelectricelectric generators r...

Rubberart Artefatos de Borracha Ltda

Specializes in rubber seals for power generatio...