Trending...
- Real Estate Experts Highlight Jersey Shore as a Smart Buy in 2025
- West Dentistry Welcomes New Oral Surgeon to Enhance Patient Care
- Cynthia Pinot Among Artists Selected for Renowned London Art Biennale 2025
MIAMI - Michimich -- 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 Michimich.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 Michimich.com
- Radarsign Tackles Intersection Safety with Launch of Grid-Free Solar LED Stop Sign
- Wolverine Glass Explains 3 Different Types of Shower Door Glass
- Michigan Commercial Debt Collector Says that Summer is Strategy Season!
- Ann Arbor Chiropractor Explains Causes, Symptoms, and Treatment for Carpal Tunnel
- NSG Provides IT and Cybersecurity Tech Support to Ann Arbor Businesses!
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
Filed Under: Manufacturing
0 Comments
Latest on Michimich.com
- NASA Collaborative Agreement for Supply of Thin-Film Solar Tech for Orbital Application to Advance Development of Thin-Film PV Power Beaming: $ASTI
- Critically Acclaimed Crime Drama Trap City, Starring Jeezy and Brandon T. Jackson Hits #1 on STARZ
- Exciting New Era of Sports, Entertainment & Gaming Innovation Spotlighted by Rebrand of Expanding AI Driven, Online Fan Engagement Company: SEGG Media
- Service Ninjas Debuts First-of-Its-Kind "Membership" Platform for Home Service Pros
- BIYA Forecasts 2025 Surge with ¥300M ($41.8 M USD) in Revenue and ¥25M Profit from Cloud Based HR Solutions: Baiya Intl. Group (N A S D A Q: BIYA)
- Paul E. Saperstein Co. Announces Geographic Expansion of Auction Services
- CMR Mechanical Shares 5 Signs Your AC May Be in Desperate Need for Repair
- Michigan SEO Group Shares 5 Proven Ways to Boost Social Media Engagement for Small Businesses
- Mussio Painting Shares The Benefits of Working with Professional Painters in Ann Arbor
- Family Caregivers in Michigan Can Now Get Paid Through Medicaid with Family Aide Home Care
- Florida Broker Bent Danholm Featured in the Daily Mail's U.S. Real Estate Coverage
- Robin Launches Legal Intelligence Platform to solve intelligence gap in Fortune 500 legal teams
- Melissa B. Releases Digitally Independent: Empowering Music Artists with AI and Brand Strategy
- Consumer Accountability Alliance Issues Formal Notice Alleging Proximate Liability for Medical Harm
- Utah Metal Fabricator Titan Forge Builds Momentum with Custom Steel Projects and Spiral Staircases
- Jason Koch: Pioneering the Future of Real Estate Development in New Jersey
- Bach and Beyond: Cellists Return to the Beach for 2nd Annual Bethany Beach Cellofest
- NR7 Miner launches zero-cost USDT cloud mining service: daily stable income + referral rewards for double profit
- Deaths Spur Closures, but Troubled Teen Camps Must Be Banned, CCHR Warns
- Hillside Terrace Champions Lifelong Learning in Assisted Living