SeeNews Renewables
by Ivan Shumkov
Abengoa SA (BME:ABG) said on Wednesday it has received a five-year, EUR-63-million (USD 68.8m) extension to its existing contract to operate and maintain a 472-MW solar-gas power plant in Morocco.
The new contract was awarded to the Spanish engineering and renewables group by the Moroccan Power and Drinking Water Office (ONEE) and concerns the operation and maintenance (O&M) of the Ain Beni Mathar facility, which uses integrated solar combined cycle technology (ISCC). More specifically, the plant generates 472 MW from a combination of solar power and natural gas.
Abener Energia SA built the power station in 2010, while Abengoa Solar designed the integrated 20-MW solar park, which uses parabolic trough collectors. Abener is a unit of Abeinsa, part of the Abengoa group of companies.
Ivan Shumkov is the mergers and acquisitions expert in SeeNews Renewables with a passion for big deals and ambitious capacity plans. He is a big fan of wave and tidal energy, too.