Calgary-based energy infrastructure developer and utility ATCO Group has announced that its Mexican subsidiary, ATCO Energía, will enter Mexico's wholesale electricity market after receiving approval from the National Center for Energy Control.
The approval means ATCO, which entered the Mexican market about five years ago, will be able to provide electricity and related services as a Qualified Supplier. ATCO Energía anticipates it will start operations by the end of 2018.
As a Qualified Supplier, ATCO Energía will be allowed to supply energy, capacity, ancillary services and Clean Energy Certificates to qualified users. That includes those customers with aggregate demand of more than 1 MW of electricity, such as commercial and industrial facilities. Prior to the country's energy reforms, all consumers were required to meet their electricity needs through the government-owned Federal Energy Commission.
ATCO's entry into the wholesale electricity market marks another milestone in the company's continued growth in Mexico. Earlier this year, Canadian Utilities, an ATCO company, acquired a 35-MW hydroelectric power station in the state of Veracruz, located on the Gulf of Mexico, and announced plans to build a 26-MW cogeneration project on the site of the Chemours Company Mexicana S. de R.L. de C.V.'s chemical facility near the resort city of Mazatlan.
