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.

- Advertisements -

Most Popular

Spark: spot LNG shipping rates ease this week

Spot charter rates for the global liquefied natural gas (LNG) carrier fleet declined this week as vessel availability increased,...

Pilot LNG, Seapath plan to build $150 million US bunkering facility

Houston-based Pilot LNG is joining forces with Libra Group's maritime unit Seapath to build what they say is the...

US weekly LNG exports down to 21 shipments

US liquefied natural gas (LNG) exports declined in the week ending September 27 compared to the week before, according...

More News Like This

Glenfarne expects to take Texas LNG FID in 2023

New York-based Glenfarne Group is expecting to take a final investment decision to build its 4 mtpa Texas LNG...

NextDecade gets OK from US FERC for Rio Grande LNG

The US Federal Energy Regulatory Commission (FERC) has reaffirmed its approval for NextDecade's proposed Rio Grande LNG export terminal...

Glenfarne forms LNG and renewables unit

New York-based Glenfarne Group, the developer of two US LNG export projects, said it had formed a new unit...

Technip Energies and Samsung Engineering win Texas LNG gig

Glenfarne’s Texas LNG Brownsville, the developer of a 4 mtpa liquefaction plant, said it has appointed a joint venture...