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López Obrador announces purchase of $180 million thermoelectric plant from U.S. company

Mexico City, Mexico — Leading the morning press conference in Baja California Sur, President Andrés Manuel López Obrador announced that the Government of Mexico bought a thermoelectric plant. He said the plant will be used to strengthen the electrical service in the state, especially in La Paz and Los Cabos.

“On October 27, we made the decision and a plant has already been bought, a thermoelectric plant here in La Paz from a U.S. company, Fortress. $180 million dollars will be paid, but this already solves the problem of blackouts, which was our commitment,” he underlined.

The president indicated that the acquisition was made through the Federal Electricity Commission (CFE).

“In La Paz and Los Cabos, they will already have guaranteed electricity for eight years from now. Meanwhile, the construction project of the new plant is being carried out, but it has already been resolved with the purchase of this thermoelectric plant, which will be supplied with gas,” he pointed out.