EnfraGen buys Colombian gas-fired power plant

New York-based Glenfarne said its Latin American joint venture with Swiss private equity firm Partners Group, EnfraGen has completed the purchase of the largest natural gas-fired plant in Western Colombia.

With an installed capacity of 241 MW, the acquisition of Termovalle brings EnfraGen’s portfolio of operating and in-construction power assets to a combined capacity of about 1.7 GW, according to a joint statement.

Following the acquisition, the business located in Palmira will be renamed Prime Termovalle.

The plant provides capacity and energy to the Colombian electrical system.

Glenfarne says the “most efficient” gas-fired plant in Colombia features dual-fuel technology.

In addition, the plant’s strategic location would allow it to “benefit from the planned LNG import terminal proposed by the Colombian government,” it said.

Colombia currently hosts only one LNG import terminal, namely the SPEC facility in Cartagena, but the government is also planning another development for the port of Buenaventura, near the acquired power plant.

Most Popular

Williams launches Transco pipeline expansions

US natural gas pipeline operator Williams has launched two fully contracted expansions of the existing Transco pipeline to meet growing domestic demand and LNG exports.

Update: Shell’s LNG Canada receives LNG cargo

Shell’s LNG Canada has received a cargo of liquefied natural gas as part of the commissioning and start-up phase.

DOE gives further boost to US LNG exports

The US Department of Energy (DOE) has removed a regulatory barrier that required liquefied natural gas (LNG) projects to start export within seven years of receiving regulatory approval.

More News Like This

US FERC issues draft supplemental EIS for Glenfarne’s Texas LNG project

The US Federal Energy Regulatory Commission (FERC) has released a draft supplemental environmental impact statement for Glenfarne's planned 4 mtpa Texas LNG export project in the port of Brownsville. The regulator said that it continues to conclude that approval of the project would result in "less than significant impacts."

Glenfarne becomes majority owner of Alaska LNG

US energy firm Glenfarne has signed definitive agreements with state-owned Alaska Gasline Development Corporation to become the majority owner of the giant Alaska LNG export project.

Glenfarne appoints Oliver Wood as Texas LNG project director

US energy firm Glenfarne has appointed Oliver Wood as project director of the planned 4 mtpa Texas LNG export project in the port of Brownsville.

Taiwan’s CPC inks initial Alaska LNG deal

Taiwan’s CPC Corp has signed a letter of intent with Alaska Gasline Development Corporation (AGDC) to buy LNG and invest in the latter's planned Alaska LNG project.