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Costa Norte project

Project Stages

The development stages in the projects are displayed in the standard sequence for the industry. However, projects may be developed in a different sequence because of corporate decisions or events that push the owner to repeat stages. To access the full details of this project’s history please explore its milestones


Early Works
Awaiting construction decision
Start: 03/2016
Completion: 05/2016
In Construction
Under Construction
Start: 05/2016
Completion: 08/2018
Operation
Current Stage In operation
Start:08/2018
Project Details

Description

The project involves the construction of a combined-cycle gas-fired thermoelectric power plant and a 180,000m3 terminal for liquefied natural gas (LNG) from the US, which will be used to supply the facility. The plant will produce enough power to supply the equivalent of 15mn homes.

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Principal Works

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Related Companies

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  • * Figures and dates are as per the latest publicly available information, as well as information gathered by BNamericas reporters and analysts and are subject to change.

  • * Changes to original budget estimates are shown as the total figure available and may include interest, working capital, inflation adjustments and other contingencies in addition to capital expenditure.

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Key Specs

Full Name
Costa Norte project
Project Type
Combined cycle, LNG
Development Phase
In operation
Project Status
Active
Project Capacity
381  MW (megawatt)  Combined cycle
180,000  m3 (cubic meters)  LNG
Investment
US$ 1.15bn
Completion Date
2018
Location

The project is located on Telfers island, close to the Panama Canal, Colón province, about 60km from Panama City.

  * The coordinates listed on the map represent the area of influence of the project, not necessarily the exact location.


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Owner / operator
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Project Manager
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Director of Hydrocarbons
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Purchasing Manager
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Business Development Manager
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Business Development Manager
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Project Manager
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General Manager Costa Norte Project
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Technical Manager, Latin America
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