April 10, 2018 – Power Costs, Inc. (PCI) is pleased to announce that Global Power Generation (GPG), a subsidiary of Gas Natural Fenosa, has selected PCI’s industry-leading platform for market participation and trading for all its entities in the Mexico Wholesale Electricity Market (MEM). GPG will be implementing PCI’s integrated solution to streamline its operations through one common trading portal.
GPG Manager, Antonio Lopez Lara noted, “Mexico Wholesale Electricity market is an important growth initiative for us, we needed ‘best-of-the-breed’ software to optimize our participation in MEM. We selected PCI based on comprehensive features of its platform and in-depth experience with deploying solutions for several clients in Mexico since the start of the market.”
PCI Vice President, Shailesh Mishra, noted, “This selection highlights our established product offerings for Independent Power Producers (IPPs) such as GPG and the value our platform can provide. We welcome GPG as our new customer in Mexico and look forward to a long-term relationship.”
With this selection, PCI continues to expand its leadership position as the preeminent software provider in Mexico for all types of MEM participants, including Generation and Trading entities, as well as Qualified Suppliers. Notably, PCI’s customers in MEM represent more than 85% of the generation capacity in Mexico.
About Global Power Generation
A subsidiary of Gas Natural Fenosa, GPG is engaged in the electricity generation business. It develops and manages power generation assets with a global focus leveraging technologies and experience that guarantee success. GPG offers its expertise to clients by providing engineering, operations and maintenance services for their facilities with a competitive edge centered on a shared vision with the facility owner. To learn more about GPG, please visit www.globalpower-generation.com.
