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

CoolCo reveals more details on GAIL LNG carrier charter deal

LNG carrier operator CoolCo has revealed more details regarding its recent 14-year charter deal with India’s largest gas utility...

Golar says progress made on new FLNG deal

Floating LNG player Golar LNG is working to sign definitive agreements for an up to 20-year FLNG deployment. In February,...

Brunei LNG says working to restart compressors

LNG terminal operator Brunei LNG said on Tuesday it is working to restart its onshore compressor plants following an...

More News Like This

Glenfarne’s Texas LNG inks new deal with EQT

US natural gas producer EQT has entered into a second heads of agreement for liquefaction services from Texas LNG’s...

Germany’s HEH takes FID on Stade LNG import terminal

Germany’s Hanseatic Energy Hub has taken a final investment decision to build its Stade LNG import terminal near Hamburg...

Glenfarne’s Texas LNG says moves to execution phase of project financing

Glenfarne Group’s Texas LNG, the developer of the planned 4 mtpa LNG export terminal in the port of Brownsville,...

Glenfarne’s Texas LNG awards tugboat contract

Glenfarne Group’s Texas LNG has awarded a tugboat contract to Gulf LNG Tugs of Texas for its planned 4...