Ienova secures corporate PPA for 125 MW solar project in Mexico

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The Mexican gas and power provider, Ienova, a unit of U.S. natural gas utilities holding company, Sempra Energy, announced it has secured a 15-year PPA with an unspecified number of subsidiaries from one of Mexico’s largest retailers, El Puerto de Liverpool for the power that will be generated by a 125 MW solar park that the company is planning in Benjamin Hill, in the state of Sonora.

The company said in a press release that the US$130 million solar park will have the capacity to supply Puerto de Liverpool and other unidentified energy consumers, and that it will begin commercial operations in the second half of 2019.

More details about the PPA and the project were not released.

Ieanova had already closed a similar deal last year, when it signed a 20-year PPA for another 110 MW PV project it is developing in Mexico with local steel manufacturer, Deacero. The Pima Solar project, which is located in the municipality of Caborca, in the state of Sonora, northwestern Mexico, is scheduled to be completed in the fourth quarter of this year.

Ienova is also developing two more solar projects in Mexico: The 53 MW Rumorosa Solar project; and the 133 MW Baja California y Tepezalá II solar facility. Both projects were selected under Mexico’s energy auction, which was held in September 2016.