Técnicas Reunidas has estimated at 917 million Canadian dollars, equivalent to 570 million euros, the expected revenues from the new contract awarded last week in Canada to build a combined cycle power plant in the province of Alberta, a project that will be executed in consortium with the US group Aecon.
As the company detailed in a statement sent to the National Securities Market Commission (CNMV), the assignment includes the development of a combined cycle gas power plant with a capacity of 932 megawatts (MW), which will be exclusively dedicated to supplying energy to a data center.
The chosen site for the installation has room for future expansions to reach a generation capacity of 1,864 MW. Furthermore, the plant's design incorporates preparation for carbon capture (CCR) from the outset, which will facilitate the subsequent integration of this technology when its implementation is decided.
Within the framework of the contract, Técnicas Reunidas will assume the direction of engineering, the procurement of balance-of-plant equipment, the integration of equipment provided by the owner, and the supervision of the commissioning and start-up tasks for the entire plant.
For its part, the construction work will fall to Aecon, Técnicas Reunidas' local partner and one of the leading companies in the construction and development of infrastructure in North America. The agreement was formalized after a previous phase in which both companies had already been providing engineering services, among other works, for the initial stages of the project.
"The consortium tasked with the project combines Técnicas Reunidas' extensive international experience in the development of large power generation facilities with Aecon's strong local presence and diversified construction capabilities," defends the Spanish company, which points to the second half of 2030 as the expected date for the plant to become operational.
The contract has been awarded by Greenlight Electricity Centre Limited Partnership, a company owned by Pembina Pipeline Corporation, Morgan Stanley Infrastructure Partners, and Kineticor Asset Management, which will act as the project developer.