Mexico: Grupo Dragon gets First Private Geothermal Energy Concession

Entregan a Grupo Dragón primer título de concesión para explotación geotérmica (el financiero)

(Courtesy CIA.gov)

Grupo Dragon, a subsidiary of Grupo Salinas Energy today received the first concession agreement for a private company for exploitation of geothermal resources in Mexico.

The project is located in San Pedro Lagunillas, Nayarit, where, in the first phase 25 MW will be generated by next summer. Another 25 MW will be added in the second stage.

Grupo Dragon has been in talks with the Federal Electricity Commission (CFE) to be at the forefront of several geothermal projects in Mexico since August.

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