Haynes and Boone, LLP March 26, 2018 - Texas CENACE Announces Call to Bid for the Fourth Long-Term Power Auction in Mexico On March 15, 2018, the National Center for Energy Control (“CENACE”) announced the fourth long-term auction for the purchase and sale of power, capacity, and clean energy certificates. The term of the contracts for power and capacity will be 15 years while the term for clean energy certificate contracts will be 20 years. The standard commercial operation date of the power generation projects awarded under the auction is scheduled for January 1, 2021. The critical dates for the fourth long-term auction are the following:
Note that CENACE may modify the auction dates and documentation during the auction process. We will inform you when the bidding guidelines are published. Haynes and Boone lawyers have been actively involved representing several bidders in Mexico’s first, second and third power auctions. Should you have any questions, please contact any of the following lawyers. Read full article at: http://www.haynesboone.com/alerts/cenace-announces-call-to-bid-for-fourth-long-term-power-auction |