Encorp Enters into Latin American DG Market
Encorp Inc. (Windsor, CO) signed an agreement with an influential group of Mexico City businessmen to provide power technology software and equipment for an $80 million entertainment complex in the capital city. When completed in early 2005, the complex will be among the largest in Latin America supported by a combined-heat-and-power plant. The agreement signals Encorp's foray into Latin America with providing distributed generation (DG) energy.
Encorp will provide its Energy Management Center, switchgear and controls, valued at $870,000, to the 1.7-million-square-foot Foro del Azteca complex, which will operate its own 9.2MW on-site, combined-heat-and-power (CHP) plant completely independent from the local utility. The CHP system will be more efficient than conventional on-site power units. In addition to generating electricity when needed, the system will use waste heat to make hot water.