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Energas partners with Unión Eléctrica and CubaPetróleo for power generation in Cuba

Partnership Other announced Cuba Mar 30, 2026
480 MW
Capacity

Energas has partnered with Unión Eléctrica and CubaPetróleo to generate power in Cuba, with an installed capacity of 480 MW across three plants. The plants include Energas Boca de Jaruco and Energas Puerto Escondido. Energas is a successful example of foreign investment in Cuba, with Sherritt International as its foreign partner. The partnership has been in place for over 20 years, demonstrating the long-term commitment of the companies involved. The power generation capacity of 480 MW is material, providing a substantial amount of electricity to the Cuban grid. The partnership between Energas, Unión Eléctrica, and CubaPetróleo has resulted in Cuba's cheapest power, highlighting the success of the collaboration.

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Timeline

Announced
Mar 30, 2026
Signed
Closed

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