Developer

Infraestructure Energetica Nova SAB de CV

www.ienova.com.mx

Total capacity of implemented projects

500 - 1000 MW

Countries of projects presence

1

Infraestructure Energetica Nova SAB de CV, commonly known as IEnova, is a leading Mexican energy company that specializes in the development, construction, and operation of energy infrastructure projects. The company operates in the natural gas distribution sector and is also involved in the development of renewable energy projects.

IEnova was founded in 1996 as Sempra Energy International, a subsidiary of Sempra Energy, a Fortune 500 energy services holding company based in San Diego, California. In 2012, Sempra Energy International was spun off as an independent company and renamed Infraestructure Energetica Nova SAB de CV. Today, IEnova is one of the largest energy companies in Mexico, with a market capitalization of over $9 billion.

IEnova's natural gas distribution business is focused on the transportation, storage, and distribution of natural gas throughout Mexico. The company operates a network of pipelines and storage facilities that connect natural gas producers and consumers across the country. IEnova's natural gas distribution business is a critical component of Mexico's energy infrastructure, providing a reliable and cost-effective source of energy for industrial, commercial, and residential customers.

In addition to its natural gas distribution business, IEnova is also involved in the development of renewable energy projects. The company has a portfolio of wind, solar, and hydroelectric power projects that generate clean energy for the Mexican market. IEnova's renewable energy projects are designed to reduce Mexico's reliance on fossil fuels and promote sustainable development.

One of IEnova's flagship renewable energy projects is the Energia Sierra Juarez wind farm, located in Baja California. The wind farm has a capacity of 155 megawatts and generates enough electricity to power over 65,000 homes. The project was developed in partnership with San Diego Gas & Electric, a subsidiary of Sempra Energy, and is one of the largest wind farms in Mexico.

IEnova's renewable energy portfolio also includes several solar power projects, including the Rumorosa Solar Power Plant in Baja California and the Tepezala Solar Power Plant in Aguascalientes. These projects have a combined capacity of over 100 megawatts and generate clean energy for the Mexican grid.

In addition to its natural gas distribution and renewable energy businesses, IEnova is also involved in the development of liquid fuels infrastructure. The company operates a network of terminals and pipelines that transport and store gasoline, diesel, and other liquid fuels throughout Mexico. IEnova's liquid fuels infrastructure is critical to Mexico's energy security, ensuring that the country has a reliable supply of fuel for transportation and other purposes.

IEnova is committed to sustainable development and environmental stewardship. The company's renewable energy projects are designed to minimize their impact on the environment, and IEnova has implemented a range of measures to reduce its carbon footprint. For example, the company has implemented energy efficiency measures at its facilities and has invested in renewable energy credits to offset its greenhouse gas emissions.

IEnova is also committed to social responsibility and community engagement. The company works closely with local communities to ensure that its projects are developed in a responsible and sustainable manner. IEnova has implemented a range of community development programs, including education and training initiatives, health and wellness programs, and support for local businesses.

In conclusion, Infraestructure Energetica Nova SAB de CV is a leading Mexican energy company that operates in the natural gas distribution sector and develops renewable energy projects. The company is committed to sustainable development, environmental stewardship, and social responsibility, and is a critical component of Mexico's energy infrastructure. With a strong track record of success and a commitment to innovation and excellence, IEnova is well positioned to continue driving growth and creating value for its shareholders and stakeholders.