Alstom Agrees to Build $40 Million Geothermal Project in Mexico

Alstom SA (ALO), the French maker of power equipment, was awarded a 30 million-euro ($40.3 million) contract to build a geothermal plant for Mexico’s state-run utility Comision Federal de Electricidad.

The Los Humeros III – Phase A power project in the eastern municipality of Chignautla will have 25 megawatts of capacity, Paris-based Alstom said today in a statement. It’s expected to begin operations in the second quarter of 2016.

To contact the reporter on this story: Stephan Nielsen in Sao Paulo at snielsen8@bloomberg.net

To contact the editor responsible for this story: Reed Landberg at landberg@bloomberg.net

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