Abengoa, GE to invest $180 Million for Mexico’s largest co-generation power plant
Subsidiaries of Spain-based Abengoa and GE Energy Financial Services, a unit of GE, announced June 21 that they will invest US$180 million to develop the largest co-generation power plant in Mexico.
The 300-megawatt gas-fired facility with a total project cost of US$640 million will be located at the Nuevo Pemex gas processing complex, owned by Pemex Gas y Petroquímica Básica, a subsidiary of Mexican state oil company Pemex.
The Nuevo Pemex complex processes gas from on- and off-shore Mexican gas fields. As agreed in a separate transaction between GE Energy and Abengoa announced Jan. 26, the cogeneration facility will use two GE Energy Frame 7FA gas turbines. GE’s F-Technology gas turbines have accumulated over 30 million combined operating hours around the globe. In addition, GE Energy signed a 20-year agreement to provide plant services, a key GE growth area.
http://www.reliableplant.com/Read/25174/GE-largest-cogeneration-plant
So the gas comes from Mexico...across the border....?
I recall sme years ago and posted here on FR, about a company ( I think in New Mexico) that was ready to build a refinery to use oil fom Mexico but the environazis kept on with the legal battle and the project never got started.
..If we look only at the $490 million cash grant that will be given to GE and its partners when Shepherds Flat is finished, the cost of those 35 permanent “green energy” jobs will be about $14 million each.
DOE Picks (and subsidizes) Another Winner