IEnova’s new storage facilities that are set to be constructed in Puebla and Mexico City, will be used by Valero Energy Corp following the signing of a long-term agreement with the company.
The $275m three liquid fuels tanks are IEnova’s first ventures in Mexico’s emerging $10 billion liquids market.
Corporate Group President of Infrastructure Businesses for Sempra Energy, Joseph A. Householder said: “These projects will lay a solid foundation for us to expand this new business line into additional terminal opportunities and liquids transportation investments. We plan to continue to build our strategic relationships as projects such as these fit IEnova’s and Sempra Energy’s core competencies.”
For more information visit www.sempra.com
14th Aug 2017