Tuxpan V Energy Project

Overview

The Tuxpan V Energy Facility is a 495-megawatt (MW), natural gas, combined-cycle electric generating station located near Túxpan de Rodríguez Cano, Veracruz, Mexico. Tuxpan V consists of two Mitsubishi Hitachi Power Systems (MHPS) 501F gas turbine generators, two heat recovery steam generators and one MHPS steam turbine generator.

Tuxpan V is the first IPP project in which Kyushu Electric Power and Mitsubishi Corporation participated jointly in the feasibility study stage, subsequently winning the bid for the project. It is located adjacent to Tuxpan II which is similarly managed by Kyushu Electric Power and Mitsubishi Corporation, with a total capacity of almost 1,000MW between the two projects.

Similar to the Tuxpan II, this power plant utilizes natural gas for the generation of electricity via highly fuel-efficient environmental friendly gas combined cycle technology. The generated electricity is then sold to Mexico’s Federal Electricity Commission (CFE) under a 25-year power purchase agreement.

DGC México has a prominent role in commercial and administration matters, providing asset management including PPA execution and financing for Tuxpan V.