Peru tenders hydroelectric plant
Peru's private investment promotion agency, ProInversión, has launched a tender process to develop the San Gabán III hydroelectric power plant. The process was initiated after Proinversión received a private initiative proposal to develop the project.
According to the proposal submitted by Hydro Global S.A.C., a team composed of China Three Gorges Corporation and EDP – Energías de Portugal S.A., the project involves the design, finance, build, operation and maintenance of a new 205.8 MW power plant. It also includes the development of a 220 kv line to connect the plant to an electrical substation.
The concession contract will be for a period of 30 years plus 84 months to develop the project and the total project investment is estimated at US$438 million.
ProInversión has launched a request for expression of interest (RFEOI) for the project. Interested parties are able to submit the EOI for the described project or for an alternative one.
The deadline to submit the solicited documents is 22 February 2016.
The requisites for potential developers include: balance sheet with assets of more than US$600 million and experience developing hydroelectric assets of more than 350 MW.
Country news
-
-
December 29, 2015
Proinversion awards transmission line concession to Red Electrica
Red Eléctrica Internacional has been awarded the concession contract for the Montalvo-Los Héroes 220 kV transmission line in Peru, in an international public tender conducted by Peru's state agency for promoting private investment (ProInversión). Read more -
October 15, 2015
Graña y Montero acquires 20% stake in gas pipeline concession
Graña y Montero S.A.A., an Engineering and Construction company, has recently announced that after signing a Memorandum of Understanding with Odebrecht Latinvest, Graña y Montero Group agreed to participate with a 20% stake in the shareholder equity of Concesionaria Gasoducto Sur Peruano S.A. Read more -
March 26, 2014
CPPIB closes acquisition of stake in gas pipeline in Peru
Canada Pension Plan Investment Board (CPPIB) announced on Monday that it has completed the acquisition of a 23.6% equity stake in Transportadora de Gas del Perú S.A. (TgP), a Peruvian pipeline company. The interest in TgP was acquired from Tecpetrol International SA, Tecpetrol Internacional SLU and Tecpetrol SA through the exercise of CPPIB’s right-of-first-refusal (ROFR). The transaction also included the acquisition of 100% of Compañía Operadora de Gas del Amazonas (COGA), the operator for TgP. The total consideration paid by CPPIB for both the 23.6% stake in TgP and 100% of COGA was US$607 million. Read more -
May 02, 2014
Abengoa refinances Peruvian transmission project
Abengoa has closed a US$432 million senior secured bond issuance to refinance a 500kV Peruvian transmission line. Read more -
June 09, 2014
Isolux wins Peruvian power transmission concession
Proinversión, Peru’s private investment promotion agency, has awarded to a consortium led by Isolux the Moyobamba-Iquitos power transmission concession. Read more
