MEXICO CITY – Spanish multinational electric utility Iberdrola’s Mexican unit has been honored by the Mexican government with a prestigious environmental protection award.
The goal of that honor is to recognize companies that have performed in an exemplary fashion and made constant strides in their commitment to preserving the environment.
The award was granted to the Altamira III and IV combined-cycle power station, located in the northeastern state of Tamaulipas, Iberdrola Mexico said Thursday.
That honor – which the Natural Resources and Environment Secretariat awards through the Profepa federal environmental protection agency – reaffirms the company’s commitment to environmental protection and the country’s development, Iberdrola’s Mexico corporate director, Enrique Alba, said in a statement.
Altamira III and IV became Iberdrola’s first power station to be granted this recognition, which is only bestowed on companies that have earned Level 2 environmental development certification, the highest possible level.
In addition, “all of Iberdrola’s installations in Mexico have the Clean Industry certification,” which is also awarded by Profepa, the company added.
Iberdrola Mexico is the Aztec nation’s largest private electricity generator. Nationwide, it has installed capacity of 6,000 megawatts (MW) and an additional 4,100 MW under construction.
The company plans to invest up to $5 billion in Mexico over the next five years.