Mexico City, Mexico — Mexico’s Comisión Federal de Electricidad (CFE) has awarded four contracts to Spanish company Abengoa. The Spanish infrastructure and energy company Abengoa has been selected by CFE to develop four distribution projects in different regions of the country.
The Spanish company, who did not provide financial details of the contracts, said the awards were granted for distribution projects in Mérida, Cancún, Obregón and Mexicali and are the first contracts signed after the approval of the restructuring of its debt in 2020.
The scope of the Mérida and Cancun projects includes the construction of a total of four 13.8 kV feeders, the Obregón project consists of the repair of an overhead section of a medium voltage transmission line, and the fourth and last, in Mexicali requires the construction and commissioning of the second transformation bank in an existing substation.
The last project carried out by Abengoa for the CFE, which consisted of four transmission lines and two substations, was completed in 2019.
In a press release, the company said the contracts “represent a new starting point in the country, where the company has been present for more than 40 years.”
Last year, the company requested the declaration of voluntary bankruptcy for its parent company and requested 249 million euros from the Sociedad Estatal de Participaciones Industriales (SEPI) to ensure the continuity of its main activities.