Our Business / Investment ProjectsFalcon Gas Thermal IPP Project
Falcon Gas Thermal IPP Project
In 2011, Chubu Electric Power Company ("Chubu") acquired the equity stake in MT Falcon Holdings Company S.A.P.I. de C.V. (hereinafter referred to as “Falcon”) from Mitsui & Co, to invest and participate in an existing natural gas thermal power project located in northeastern Mexico.
Falcon owns five natural gas combined-cycle power plants in northeastern Mexico. Each power plant has a 25-year purchasing agreement with Mexico’s Federal Electricity Commission, and is therefore expected to yield stable revenue over the long term.
JERA succeeded to this project from Chubu in July 2016.
Outline of Falcon
|Company name||MT Falcon Holdings Company S.A.P.I. de C.V.|
Mexico City, Mexico
|Date of Establishment||August 2009|
|Investors||JERA, Mitsui & Co., Tokyo Gas, Tohoku Electric|
Outline of each power plant
|Plant name||Power output
(as of March 2018)
|Power Generation Method||Fuel||Operating since|
|Saltillo||248MW||Combined-cycle gas turbine||Natural Gas||2001|
|Rio Bravo II||495MW||2002|
|Rio Bravo III||495MW||2004|
|Rio Bravo IV||500MW||2005|
|Total (5 power plants)||2,233MW|
Exterior views of each power plant
|Rio Bravo II-IV|