Spanish power utility Iberdrola has secured a contract to build and operate the Topolobampo III combined-cycle power plant (CCGT) in Mexico.
The $400M power plant will be constructed in the municipality of Ahome, Sinaloa and will be able to generate 766MW of power. It will supply electricity to more than 2.5M Mexican citizens when it becomes operational in January 2020.
The Topolobampo III CCGT will feature H01 gas turbines fabricated by GE.
Iberdrola will be responsible for the construction, operation and maintenance of the plant and will sell its production in full to the Mexican Federal Electricity Commission (CFE) under a 25-year contract.
The utility firm will also commission all ancillary facilities required for its connection to Mexico's national power grid, including power lines and the transformer substation.
Iberdrola has power generation projects under way in Mexico with a combined investment worth about $3bn.
* Data provided by Timetric's Construction Intelligence Center.