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Iberdrola Wins $89m On-site Power Contract in Mexico

IberdrolaSpain’s Iberdrola Ingenieria has been selected to fulfill an $89.7m contract by state-owned oil giant Petroleos Mexicanos (Pemex) to build a line to carry steam from the Salamanca cogeneration plant to the Ingeniero Antonio M. Amor refinery in central Mexico. The contract is “a new and important step in a strategic country,” the Iberdrola unit said, referring to its first contract with Pemex.