ATCO Mexico announced has been awarded a contract by the Comisión Federal de Electricidad (CFE) to design, build, operate and maintain a natural gas pipeline near the town of Tula in the state of Hidalgo, Mexico. Valued at approximately US$ 50 million, this deal marks ATCO's first energy infrastructure project under the newly reformed energy sector in the country.
"We are honoured to have been selected by the CFE to build and operate this important piece of energy infrastructure in this great country," said Nancy Southern, Chair, President & Chief Executive Officer, ATCO Group. "ATCO has made a long-term commitment to Mexico and we consider it a great privilege to be a part of the community. We look forward to forming lasting partnerships and demonstrating that we are a trusted builder and operator of key infrastructure, just as we have done in Canada and Australia."
ATCO's growth in Mexico is modeled after its existing Canadian and Australian operations consisting of diverse yet complementary businesses of power generation, natural gas and electricity transmission and distribution, and workforce accommodation and site services.
ATCO's long history of growth around the world has been built upon its commitment to investing in the communities where the company operates. With the opening of ATCO's office in Mexico City and the Tula pipeline project, ATCO has taken important first steps to establishing itself as a valued member of the community and will make a significant contribution to the region's economy.
ATCO will be responsible for the design, construction, operation and maintenance of the pipeline that will transport natural gas approximately 16 km to fuel the existing Francisco Pérez Rios power plant, near Tula. Expected to be in-service in 2015, ATCO will utilise a local engineering, procurement and construction firm to support the project.
Adapted from press release by Hannah Priestley-Eaton