Spanish DF has signed a contract with the multinational General Electric for the implementation of a gas-fired power generation plant in Argentina, in the province of Neuquén. This project, whose amount for the Spanish company is 20.3 million euro, adds to two others that DF is currently undertaking in the South American country within the energy sector.
The Spanish group DF consolidates its leadership in implementing gas power plants with more than 50 projects in Latin America, Europe and Africa, and about 21,500 MW installed, by adding this new project in Argentina, a contract with GE to build a 100 MW complex in the province of Neuquén.
Open cycle by GE
The scope of the new contract, signed by DF MOMPRESA, a subsidiary of the Spanish group integrated into its services business line, includes the turnkey construction of a power plant in open cycle based on a GE turbine model LMS100. The power plant adds 100 MW to the current production capacity that the Argentine company Pampa Energía has at its facilities in Loma de la Lata, in the province of Neuquén.
The scope of DF’s works includes the engineering, supply and electromechanical assembly and civil engineering services as well as commissioning support.
Pampa Energía is one of the leading companies in the Argentine electricity sector with a generation fleet accounting to over 2,200 MW, more than 7% of the country’s installed capacity. The Loma de la Lata power plant was built in 1994 and following a subsequent expansion it has now reached an installed capacity of 553 MW.
DF in South America
The new contract signed by DF, along with those closed in Peru and Mexico, as well as those being concluded in Argentina and Venezuela strengthen the company’s service area position in the Americas.
DF is the leading Spanish company in the installation of gas power plants, with over 50 projects in Latin America, Europe and Africa and an installed capacity of some 21,500 megawatts.
As we already reported DF continues to strengthen its international business, which now represents almost 88% of the company’s revenues, also showing greater geographic diversification with growth in areas like Africa / Middle East and Asia / Pacific, which accounted for 24% of the turnover in the first half of last year.
Noteworthy are the new projects achieved, mainly in Colombia and Peru, in the Oil & Gas area strategically boosted by the company in recent years. And in the second half of 2014 opportunities have arose in Belarus for Oil & Gas; Dubai, Chile and Brazil in power generation plants; Panama for Oil & Gas and power generation, and Peru in the Services business line.