Los dueños de Duro Felguera 'enchufan' la española en una central de 1.000 MW

The Spanish firm Duro Felguera has secured a stake in a 1,000 MW combined cycle power plant in Mexico, after activists of the majority shareholder Prodi forced an extraordinary meeting of the engineering board of the Asturian firm on September 18th. The central, named Francisco Pérez Róos, is promoted by Mexico's Federal Commission of Electricity and Duro Felguera's involvement amounts to approximately 210 million euros.

The leading contractor is General Electric, while Mota-Engil Mexico serves as the project's contractor and has requested specialized services from Duro Felguera, including project management, technical coordination, and supply and integration of the balance of plant. The Mexican Prodi's involvement in both Duro Felguera and Mota-Engil Mexico necessitates approval by the shareholder's board, according to applicable regulations.

In January 2026, Mota-Engil Mexico sent Duro Felguera a letter of intent to negotiate an alliance for the Tula and Escolón projects, which together had a potential work value close to 300 million euros. Duro Felguera reported its semi-annual results up to June in early January 2026, revealing a profit of 241.6 million euros, compared to losses of 26 million euros in the same period of 2025.

The improvement was primarily due to the execution of the restructuring plan and the homologation of debt, which also contributed to the elimination of contingencies and provisions related to litigation, amounting to 235 million euros. The EBITDA was positive at 5.13 million euros, compared to negative 18 million euros in 2025, while revenues fell to 31 million euros.