Colombian state-run electricity generating group Isagen is interested in participating in the tender for the construction of a power plant in Guatemala, the daily Portafolio said on March 10, 2008.
The tender will be organised by Guatemala’s national electrification institute INDE and is expected to take place by the end of the current year. The plant will be called Xalala and its construction has been postponed a number of times so far due to the opposition of Guatemalan environmentalists.
Xalala is expected to be the second largest power plant in Guatemala with an installed capacity of 180 MW and investments in it are seen standing at between $350 mln (226.33 mln euro) and $400 mln (258.67 mln euro).
Other companies, interested in participating in the tender, are U.S. AES and Spanish Union Fenosa, Iberdrola and Endesa.
Publication: Business Digest
Provider: AII Data Processing Ltd.
Date: March 11, 2008
2008-03-11
Colombian Isagen Interested in Guatemala Power Project
2008-03-08
Guatemala President Rules Out Nationalisation of Electricity Distribution Services
The President of Guatemala, Alvaro Colom, ruled out the nationalisation of electricity distribution services that have been in the hands of Spanish power utility Union Fenosa since 1998, Guatemalan media reported on March 6, 2008.
The statement was in response to the proposal of 23 Guatemalan MPs of the centre-left National Union for Hope (UNE) for reduction of the costs for electricity distribution, affecting 50 pct of the poor population of Guatemala.
Publication: Business Digest
Provider: AII Data Processing Ltd.
Date: March 7, 2008
2008-02-07
Teco to bid on 200MW supply tender
Florida-based Teco Energy, which has operations in Guatemala, plans to participate in a bidding process to supply at least 200MW to Guatemalan distributors Deorsa and Deocsa. The distributors in November launched bidding for the contract, which entails building a coal-fired plant with 200MW minimum capacity. The winner of the 15-year contract would have to start supplying power in 2012. Teco would fund the project through non-recourse financing, Gillette said.
Offers are due April 17, with contract signing slated for May. Potential bidders must have built at least two thermoelectric plants, boast assets of least US$1bn and have a minimum B corporate rating on Fitchs scale, among other requirements. Spains Union Fenosa controls Deorsa and Deocsa, which serve more than 400,000 and 700,000 users respectively.
Publication: Euclid Infotech - Utilities News
Provider: Euclid Infotech
Date: February 7, 2008
2007-11-21
Guatemala Eegsa To Spend $11.8 Mln on Grid Expansion by End-2007
Guatemalan electricity distributor Empresa Electrica de Guatemala S.A. (Eegsa), run by Spanish utility Iberdrola, plans to invest over 90 mln Guatemala quetzals ($11.8 mln/7.98 mln euro) to upgrade its grid system in the southern part of the country by the end of 2007, local media reported on November 21, 2007.
Eegsa seeks to expand its grid and attract new clients in its area of operations, namely the southern departments of Guatemala, Sacatepequez and Escuintla.
The company projects its investments for the whole of 2007 to exceed $90 mln (61.6 mln euro). Eegsa invested $87 mln (59.5 mln euro) between January and September 2007.
The company attracted between 35,000 and 40,000 new customers so far in 2007. At present it has more than 800,000 clients.
Eegsa also made improvements on its grid system and reduced energy loss to 8.96 pct so far in 2007 from 9.15 pct in 2006.
Publication: Business Digest
Provider: AII Data Processing Ltd.
Date: November 21, 2007
