Trending...
- Sober.Buzz the Sober Token : Ticker $BUZZ
- Global Families Turn to Young Travelers Concierge Amid Rising Safety Concerns in the U.S
- UIFCA Revolutionizes Financial Education with Elite Team of Investment Experts
MIAMI - nvtip -- ENERGY33, a US-based energy project developer and engineering company, partnered with City Peten to develop a 13 MW natural gas power plant at City Peten's gas production facility in Peten, Guatemala and signed a 15-year energy sales contract beginning in May 2026 with AMM, Guatemala's energy administrator. This project was developed to take advantage of environmentally friendly natural gas-based power, replacing existing coal and heavy fuel resources that have traditionally supplied a portion of power generation throughout much of the year in Guatemala. The power plant began selling energy to the spot market in April 2024 and attained the classification as an "Efficient Firm Energy Plant" in June 2024.
ENERGY33 led the project's development, overseeing its financial, technical and legal structuring. In addition, ENERGY33 provided the power generation equipment and operations team through various suppliers. City Peten, a key player in Guatemala's Hydrocarbons Exploration Sector, is providing the gas from its Peten facility.
Felix Morataya, the CEO of City Peten, acknowledged "ENERGY33 played a pivotal role in the project development and implementation which enabled us to build the power plant and secure a 15-year energy sales contract utilizing City Peten's natural gas."
More on nvtip.com
According to Brett Hall, the CEO of ENERGY33, "We are proud to work with a great partner like City Peten to develop projects with clean natural gas that replaces electricity produced with coal and heavy fuel and has a positive environmental impact to the power sector in Guatemala."
About ENERGY33:
ENERGY33 is a company specialized in identifying, structuring and developing power generation investment opportunities in LATAM and offering engineering services in the energy sector. ENERGY33 is technology & fuel agnostic and uses its strong engineering capability to assess and develop projects using natural gas, associated gas, cogeneration, renewables, hybrids with batteries and other complex forms of clean power generation. For more information visit to http://www.energy33.com.
About City Peten:
City Peten leads Guatemala's Hydrocarbons Exploration Sector with over 45 years of experience in Latin America. City Peten began development of the Ocultun gas fields in Peten in 2006. The current production is 6.5 MMSCF/day with plans to increase production to 23 MMSCF/day.
ENERGY33 led the project's development, overseeing its financial, technical and legal structuring. In addition, ENERGY33 provided the power generation equipment and operations team through various suppliers. City Peten, a key player in Guatemala's Hydrocarbons Exploration Sector, is providing the gas from its Peten facility.
Felix Morataya, the CEO of City Peten, acknowledged "ENERGY33 played a pivotal role in the project development and implementation which enabled us to build the power plant and secure a 15-year energy sales contract utilizing City Peten's natural gas."
More on nvtip.com
- NBA Champion Lamar Odom Launches Anti-Addiction Meme Coin, Ushering in a Disruptive Innovation in Web3
- Aureli Construction Sets the Standard for Seamless Home Additions in Greater Boston
- Prism Bank's Delene Gilbert Speaks at 2025 Financial Brand Forum
- ScreenPoints Puts Film Investors in the Credits—and in the Money With New FinTech Platform
- Pathways to Adulthood Conference May 17 at Melville Marriott Honoring NYS Assembly Member Jodi Giglio, Suffolk County Legislator Nick Caracappa
According to Brett Hall, the CEO of ENERGY33, "We are proud to work with a great partner like City Peten to develop projects with clean natural gas that replaces electricity produced with coal and heavy fuel and has a positive environmental impact to the power sector in Guatemala."
About ENERGY33:
ENERGY33 is a company specialized in identifying, structuring and developing power generation investment opportunities in LATAM and offering engineering services in the energy sector. ENERGY33 is technology & fuel agnostic and uses its strong engineering capability to assess and develop projects using natural gas, associated gas, cogeneration, renewables, hybrids with batteries and other complex forms of clean power generation. For more information visit to http://www.energy33.com.
About City Peten:
City Peten leads Guatemala's Hydrocarbons Exploration Sector with over 45 years of experience in Latin America. City Peten began development of the Ocultun gas fields in Peten in 2006. The current production is 6.5 MMSCF/day with plans to increase production to 23 MMSCF/day.
Source: ENERGY33 LLC
0 Comments
Latest on nvtip.com
- Managing Summer Staffing Surges with Confidence: Why Name Badges Are a Must for Seasonal Success
- Visa Named Title Sponsor of Ascending Athletes' Business Owners Summits for NFL Entrepreneurs
- The Paris Court of International Arbitration Elects Dr. John J. Maalouf as its New President
- Republic Services Residential Collection Driver Named Industry's Best
- $56.7 Million Announced in Q1 2025 with Revenue Growth and Progress Toward NASDAQ Uplisting for AI Marketing Company: IQSTEL, Inc. Stock Symbol: IQSTD
- SAVVY MINING raised $500 million and launched BTC.XRP.DOGE cloud mining, increasing investors' returns by 30%
- New National Nonprofit Launches to Capture Firsthand Accounts of Adoption Stories
- The Tide Project Opens at Biennale Architettura 2025 in Venice Amplifying Youth Voices
- Akamai and FPT Partner to Help Customers Build and Support Cloud-Native Applications
- Wall Street analysts say BTC.XRP.DOGE cloud mining company SIX MINING is expected to achieve a 5-fold increase, allowing users to easily mine BTC
- Gen X Takes The Reins: New Book Guides Caregivers Juggling Parents, Kids, And Grandkids With Humor And Heart
- Fray Fitness Launches Memorial Day Sale and Veteran Organization Giveaway
- ABM for Good™ Launches First Project with Build Change
- AI, Cybersecurity, and Leadership Will Be Center Stage at Info-Tech LIVE 2025 This June in Las Vegas
- ImagineX, in Collaboration with Qualys, Launches New mROC Services to Transform Enterprise Cyber Risk Management
- Ditch Micromanagement: New Leadership Book for Results-Driven, Accountability-Based Teams
- Jay Tapp was named Managing Director in British Columbia
- Hubei Heavy Equipment Makes a Striking Appearance at CIMT and Competes with International Brands
- 20 Patents Issued Worldwide, Cementing Company Leadership. First Ever Cable-Free 12-Lead ECG: HeartBeam, Inc. (Stock Symbol: BEAT)
- NASDAQ Uplisting for Higher Market Exposure and Wide Corporate Benefits to AI Boosted Marketing Company On Track Towards $1 Billion Revenue by 2027