POWER Magazine•25 days ago
How Energas Turned an Environmental Concern into Cuba’s Cheapest Power
- •Energas, a 20+ year foreign investment partnership involving Sherritt International, UNE, and CUPET, operates 480 MW of generation capacity across three plants in Cuba.
- •The project successfully transforms an environmental concern (likely associated gas from oil production) into Cuba's cheapest source of electricity, offering significant cost benefits for large power consumers.
- •This long-standing venture exemplifies a successful model for developers and IPPs seeking to leverage local resources and foreign investment to create highly cost-effective power generation.
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