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AES Cartegena 1,200MW CCGT Power Plant, El Fangal

Start-up permit

November 2006

Start of operation

December 2006

Output

1,200MW

Plant type

Combined cycle gas turbine (CCGT)

Location

Cartagena, Spain

Estimated investment

$920m

Construction consortium

Mitsubishi Corporation, MC Power Project Management, SL, and Initec Energia

Non-recourse financing

Syndicate of European banks including Societe Generale, Calyon and ABN AMRO Bank. Subordinated debt facility by Societe Generale and Calyon.

Plant owner

AES (71%), Gaz de France (26%) and Mitsubishi Heavy Industries (3%)

Operator and maintainer

AES Cartagena Operations (AESCO). MHI will provide maintenance service at the turbine 'hot end'.

Asset Management System

SKF

Gas supplier

GDF International

Electricity buyer

GDF International

Gas Turbines

260MW MHI turbine

Steam Turbines

140MW MHI turbine

HRSGs

Mitsubishi Electric Corporation

Fuel

Natural gas
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