$720 million for coal plant in Guatemala

Ashmore Energy International (AEI) will invest $750 million to construct a coal energy plant in Guatemala.

Wednesday, October 22, 2008

With this investment the company hopes to produce 300 megawatts which will be in addition to the 234 megawatts being produced, making the total produced by the company 534 megawatts.

The construction of the plant, called Jaguar, could start at the end of 2008 and begin to to produce energy in 2011. It will be located in the department of Escuintla 60 km from Guatemala City; its construction should generate 1200 jobs.

More on this topic

Guatemala: AEI’s Jaguar Energy Begins Construction of 300MW Power Plant

May 2010

Jaguar Energy, from AEI, began construction of a 700 million solid fuel fired power generation facility near Port Quetzal.

The President of Guatemala, Alvaro Colom, along with cabinet ministers and representatives from AEI and the private sector, led a groundbreaking ceremony today to inaugurate the construction of Jaguar Energy Guatemala LLC's new 300 MW solid fuel fired power generation facility.

Guatemalan Power Plant Assures Financing

March 2010

AEI announced today that it closed long-term financing for the construction of a new 300 MW solid fuel-fired power plant located near Puerto Quetzal, Guatemala.

AEI announced today that its wholly-owned subsidiary, Jaguar Energy Guatemala LLC (Jaguar Energy), closed long-term financing for the construction of a new 300 MW solid fuel-fired power plant located near Puerto Quetzal, Guatemala.

Guatemala Begins Construction of Electric Power Plant

February 2010

The Energy Minister informed that the construction of Jaguar Energy power plant will begin in the next months.

It will take 40 months and $700 million to build, and will generate 300 MW when ready. It will be developed by AEI, an international corporation focused on energy projects.

Fenosa awards $600 million contract for Guatemala power plant construction

May 2008

Spain's Unión Fenosa has awarded a $600 million contract for the construction of a 200-megawatt coal-fired power plant in Guatemala to Jaguar Energy, a local unit of Ashdown Energy International.

Fenosa said in a statement that the new plant would enable its distributors in Guatemala to ensure power supplies in the long term.

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