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prima:How the Energiza contract materialized: these are the details of the new power generation plant

Guarantees on the location of the project and the natural gas supply contract with NFEnergía tipped the balance towards the selected bidder

December 27, 2024 - 11:15 AM

The plant will sell power at an estimated cost of 11 cents per kWh, which would be one of the most competitive in the current fleet. (Suministrada)

In selecting the Energiza consortium’s bid for the development of a new electricity generation plant in the metropolitan area, the Alliances Committee that evaluated the proposals received and negotiated the contract valued the guarantees regarding the location where the project will be located and the existence of a fuel supply agreement with NFEnergía, the New Fortress Energy subsidiary that already has two liquefied natural gas supply contracts with the Puerto Rico Electric Power Authority (PREPA).

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