Panama natural gas-fired generation plant
Name and Location
Panama natural gas-fired generation plant.
Client
Empresa de Transmisión Eléctrica (ETESA).
Project Description
The project includes the construction of a slow-emission, 350 MW combined-cycle natural gas-fired plant, with a ten-year power purchase agreement. A 170 000 m3 liquefied natural gas storage tank and regasification facility will also be built to supply gas to the plant and potentially serve growing demand for natural gas in Central America.
Value
The project is expected to cost between $800-million and $900-million, which will be financed through a combination of nonrecourse debt, equity from partners and AES equity of up to $210-million.
Duration
Construction of the project is expected to begin in early 2016, with commercial operations expected in 2018.
Latest Developments
The AES corporation, through its subsidiary Gas Natural Atlantico, has won a competitive bid process conducted by ETESA to supply 350 MW of new capacity.
Key Contracts and Suppliers
AES corporation (combined-cycle natural gas-fired plant).
On Budget and on Time?
Not stated.
Contact Details for Project Information
ETESA, tel +507 501 3800, fax +507 501 3506 or email contacto@etesa.com.pa.
AES media contact, Amy Ackerman, tel +1 703 682 6399.
Comments
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation