The Puerto Sandino LNG Power Plant is 300MW gas fired power project. It is planned in Leon, Nicaragua. The project is currently in permitting stage. It will be developed in single phase. The project construction is likely to commence in 2022 and is expected to enter into commercial operation in 2024.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Thermal | 300 | – | 300 | Permitting | Leon, Nicaragua | New Fortress Energy |
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Description
The project is being developed and currently owned by New Fortress Energy.
It is a thermal power plant.
The project will generate 2,233,000MWh of electricity. The project cost is expected to be around $700m.
Development Status
The project construction is expected to commence from 2022. Subsequent to that it will enter into commercial operation by 2024.
Power Purchase Agreement
DISNORTE-DISSUR and Distribuidora de Electricidad del Sur are expected to be the power offtakers from the project.
About New Fortress Energy
New Fortress Energy Inc (New Fortress Energy), formerly New Fortress Energy LLC, is an integrated gas-to-power company. The company provides energy infrastructure, logistics, natural gas-fueled energy solutions. New Fortress Energy owns and operates liquefied natural gas (LNG) terminals, natural gas logistics infrastructure, power generation and combined heat and power, boiler conversion, and power generation facilities. The company has operational presence in Mexico, Angola, Nicaragua, the US, Puerto Rico, and Ireland. New Fortress Energy is headquartered in New York City, New York, the US.
Methodology
All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.
