Relevant Milestones

  1. In November 2018, Mexican Government awards with the Orden Mexicana del Águila Azteca (https://sidofqa.segob.gob.mx/notas/imagenes/5544565)
  2. In November 2018, Ektria Suministro, Fisterra Energy electricity supply company in Mexico, and  DeAcero, Mexican world leader steel company, signed a 250 MW and 20 years duration Electricity Supply Contract in Mexico.  This contract is the largest ever signed Electricity Supply contract by a final consumer in Mexico under the influence of the recently implemented Electricity Reform in Mexico.
  3. In August 2018, Frontera Mexico Generacion S de RL de CV, an affiliate of Fisterra Energy, started to represent a new plant to the wholesale market. Since the beginning of the representation activities for third parties in October 2016, Frontera Mexico Generacion S de RL de CV has increased the number of represented plants to become the main private generator representing third parties plants.
  4. Since June 2018, Fisterra Generacion S de RL de CV, an affiliate of Fisterra Energy, participates in the Mexican Wholesale Electricity Market as generator.
  5. In February 2018, Fisterra Energy closes the sale of 100% of San Fernando PV plant to IEnova.
  6. In December 2017, Ektria acquired its first package of CELs and completed the transaction in October 2018 in order to accomplish the requirements of CELs acquisition for its supply costumers.
  7. In June 2017, Tierra Mojada achieves financial close.
  8. In May 2017, Ektria organizes the “I Risk Management Seminar in the Electricity Market”.
  9. In March 2017, Ektria led the launch of the Mexican Association of Qualified Suppliers.
  10. In September 2017, Fisterra Energy closes the sale of 100% of Santa Maria and Orejana PV plants to Zuma.
  11. In December 2016, Fisterra Energy closes the sale of 100% of Ventika´s wind farm to IEnova, Sempra´s Mexican unit.
  12. In November 2016, Fisterra Energy signs the first bilateral transaction between two participants of the Mexican Wholesale Electric Market, by means of which CFE can buy electricity at competitive prices with little exposure to the volatility of energy costs.
  13. In November 2016, Ektria launches the first Electricity Swap (contract for difference) in Mexico creating the first forward curve covering up to five years’ prices.
  14. In November 2016, Fisterra Energy finishes the infrastructure works to disconnect Frontera Power Plant from Ercot in the USA and connect and dedicate 100% of the CCGT (three turbines adding 540 MW) to the Mexican Electricity Market.
  15. In October 2016, Ektria signs the first Generation Representation Contract in Mexico under the new Electricity Act by which Frontera México Generación channels any third party energy generated at their generation facility to the wholesale market. This was with Grupo Bafar (bafar.com)one of the most important processed food groups in the country, for the supply of its 9 MW cogeneration plant.
  16. In September 2016, Ventika´s inauguration ceremony presided over by the President of the Mexican Republic Mr Enrique Peña Nieto takes place. (https://www.youtube.com/watch?v=QCWEMKzXZzg)
  17. In September 2016, Frontera Mexico Generacion S de RL de CV, participated in the 2016 Mexican Long-Term auction. Its offers were selected and Frontera Mexico Generacion S de RL de CV signed a capacity contract for 15 years.
  18. In April 2016, Ventika declares commercial operation date and starts selling energy to its off-takers, one month ahead of schedule.
  19. In February 2016, at the same time as the liberalization of the Mexican Electricity Market started, Fisterra Energy launches the first market Newsletter in Mexico which is published on a weekly basis. (www.ektria.com/newsletter)
  20. In March 2016, Fisterra Energy launches its commercial brand Ektria as the vehicle to commercialize energy related products and services to end users consumers in Mexico (www.ektria.com).
  21. In February 2016, Frontera México Generación S de RL de CV, participates in the Wholesale Electricity Market as generator.
  22. In December 2015, Energy Buenavista S de RL de CV, an affiliate of Fisterra Energy, obtains by the Energy Regulatory Commission, the first Permit of energy Qualified Supplier to provide the qualified supply service valid from the entry into operation of the Wholesale Electricity Market for a term of thirty years.
  23. In December 2015, Frontera México Generación S de RL de CV, obtains from the Energy Regulatory Commission, the first exclusive authorization to import electrical energy to Mexico. Such authorization allows the import of electricity from Frontera CCGT, located in the US and interconnected exclusively to the National Electric System. The authorization is valid from the entry into operation of the Mexican Wholesale Electricity Market.
  24. In December 2015, Fisterra Energy opens a new state of the art premises in the financial center of Mexico City.
  25. In May 2015, Frontera CCGT starts exporting energy to Mexico to major Mexican industrial customers in the form of exclusive import to the National Electric System dedicating one turbine out of three to the Mexican Electricity Maket
  26. In February 2015, Energía Buenavista S de RL de CV, obtains from the Energy Regulatory Commission, the first exclusive authorization to import electrical energy to MexicoSuch authorization allows the import of electricity from Frontera CCGT, located in the US and interconnected exclusively to the National Electric System. The authorization is valid until the entry into operation of the Mexican Wholesale Electrical Market.
  27. In Abril 2014, Ventika achieves financial close.
  28. In January 2014, Ventika signs its first power purchase agreement (PPA). Ventika signs the remaining PPAs in the following months, covering all the project’s capacity.
  29. In July 2013, Fisterra Energy signs an Investment Agreement with Cemex under which it would acquire, subject to certain conditions, a 70% stake in a 252MW wind farm located in Nuevo León, Mexico.