378 MW Gas Plant Project Goes Ahead

In El Salvador, Energía del Pacifico has announced that it has met the requirements to obtain financing, and that it will start construction of the plant in the third quarter of the year.

Wednesday, June 20, 2018

After the delays reported in the project to construct the natural gas plant in the port of Acajutla, being run by Energía del Pacífico (EDP), representatives from the company reported that they now have the feasibility and permits to start their construction.

See "Central America: $1.6 billion in Energy Projects"

For his part, the project's executive director, Alejando Alle, explained to Laprensagrafica.com that they have " ... 'already fulfilled all of the requirements of international banks (...) we are aiming to sign all of the financing contracts ... in the third quarter of this year and simultaneously, start construction'."

The EDP representative added that the project includes the construction " ... of a high voltage line, and not one of 115 kV, like most of the ones in the country, this will help reduce losses by transporting energy to the Los Ausoles substation. This is better than uploading it directly into Acajutla because the lines are already saturated with other energy projects."

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More on this topic

More Delays for Natural Gas Plant

October 2017

In order for Pacific Energy to start building the natural gas plant at Acajutla port, El Salvador, the Congress must approve a concession law designed specifically for that project.

The concession granted to Energía del Pacifico (EDP) to supply 355 MW of energy generated from natural gas must first have its own concession law, which must be approved by the Legislative Assembly. 

El Salvador: Shell Could Supply Natural Gas to New Plant

May 2017

Energía del Pacífico has announced the signing of a contract for the purchase and sale of natural gas with Shell International Trading Middle East for the planned power generation plant to be built in Acajutla.

The company Energía del Pacífico (EDP), which obtained the contract to build and operate a 378 MW power plant in the port area of Acajutla, announced the contract with Shell, ending a long process that began in the middle of 2015, when the tender for the supply of liquefied natural gas was announced. 

El Salvador: Large Scale Power Station Project Takes Off

January 2016

Pacific Energy has announced its entry as majority partner in Invenergy in the project for making a 355 MW generator using liquefied natural gas, which has not yet been announced by the US company.

According to statements made by the CEO of the company Pacific Energy (EDP), Alejandro Alle, published in an article on Elmundo.sv, the US company Invenergy LCC will acquire between 70% and 85% of Pacific Energy, facilitating the participation of multilateral credit agencies in the $800 million financing which is required.

El Salvador: $1 billion Gas Plant Announced

August 2014

A design has been presented for a power generating plant of 355 MW based on natural gas to be constructed in Acajutla and which will begin operating in 2018.

The project, to be developed in Acajutla, Sonsonate department also includes the construction of a floating storage tank, another ground storage tank, a spring, a generating power plant and associated transmission line.

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