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Will energy reform provide changes for Mexican growers?

Two new cogeneration projects to be developed in Mexico

Iberdrola Generation Mexico, a business group dedicated to power production, distribution and commercialization, has ordered two GE (NYSE:GE) 6F.01 gas turbines and long-term services for two cogeneration projects in Mexico. The two plants are located in Altamira, in the state of Tamaulipas, and in San Juan Del Rio, in the state of Querétaro. The projects will have a combined generation capacity of approximately 100 megawatts (MW), the equivalent power needed to supply approximately 500,000 Mexican homes.

“GE is a strategic partner for Iberdrola. After a market evaluation process, it was determined that GE’s 6F.01 technology was the most competitive for this type of cogeneration application,” said Enrique Alba, general director of Iberdrola Generation México. “The two projects should have very favorable operating conditions for GE’s technology.”

“With energy reform in Mexico, now is the right time to move forward with these projects,” said Marco Vera, executive sales manager for Mexico, Central America and the Caribbean, gas power systems, GE Power. “These plants will help the country produce the efficient and reliable energy it needs at home and to better compete in the global marketplace.”

Commercial operation for both plants is expected in 2017.

For more information:
GE Gas Power Systems
Kevin Norris, Media Relations Leader
+1 678-325-8592
kevin.norris@ge.com
www.gepower.com
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