Fenosa awards $600 million contract for Guatemala power plant construction
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.
Wednesday, May 7, 2008
Fenosa said in a statement that the new plant would enable its distributors in Guatemala to ensure power supplies in the long term.
Ashmore Energy International (AEI) will invest $750 million to construct a coal energy plant in Guatemala.
The Energy Minister informed that the construction of Jaguar Energy power plant will begin in the next months.
Jaguar Energy, from AEI, began construction of a 700 million solid fuel fired power generation facility near Port Quetzal.
The National Institute of Forest Conservation is proposing the implementation of fifty, to encourage sustainable use of land.
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