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Pedregal Power Company

Pedregal was built in 2003 and consists of three 18V48 MAN B&W Diesel reciprocating engines for a total installed capacity of 55MW. It is located near Pacora, about 24 miles east of Panama City, and sells electricity and capacity to local distribution companies under power purchase agreements.

The plant is one of the most efficient thermal plants in Panama. It is a key strategic power asset in Panama’s heavily hydro-dependent system. It is well positioned to operate as a “peaker” in Panama’s merit order system as it is the only thermal power plant located close to Panama City and is not subject to transmission congestion.