Sempra - Techint acquire Odebrecht’s stake in Peruvian gas project
The consortium formed by Sempra and Techint will acquire 55% percent shareholding in the Southern Andean Gas Pipeline concession in Peru, replacing Odebrecht's remaining stake in the project.
We informed in March that Enagas assumed leadership in the project substituting Odebrecht Latinvest main role. David San Frutos, Manager of Enagas in Peru, would be the CEO of the project and Dennis Gray, Manager of Corporate Finance of Graña y Montero, will be in charge of financing for the project.
Enagas and Graña y Montero maintain their respective stakes in the the Southern Andean Gas Pipeline concession 25% y 20%.
Concesionaria del Gasoducto Sur Peruano S.A., is responsible for the design, construction and operation of the pipeline system for gas transportation. The Southern gas pipeline is a project which will bring natural gas to the southern region of the country, especially to the provinces of Cuzco, Arequipa, Puno and Moquegua.
Country news
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August 01, 2016
Edegel and Chinango sell Peruvian transmission assets
Edegel and Chinango, both subsidiaries of Enel Group, have sold transmission assets in Peru to Conelsur. Read more -
July 21, 2016
Peru’s $438 M hydroelectric BOT project signed
Peru's private investment promotion agency, ProInversión, San Gabán S.A. and Hydro Global Peru S.A.C. have signed the contract to develop the San Gabán III hydroelectric power plant. Read more -
July 14, 2016
Brookfield closes $14 Billion Global Infrastructure Fund
Brookfield Asset Management Inc. has announced that it held the final close on Brookfield Infrastructure Fund III (BIF III) with an aggregate of US$14 billion of equity commitments, creating a global infrastructure fund that invests in high-quality, core infrastructure assets on a value basis. Read more -
May 23, 2016
Copec’s Abastible announces the acquisition of LGP operations in Peru and Ecuador
Abastible has agreed with Repsol S.A. the acquisition of the latter’s GLP operations in Peru (Solgas) and Ecuador (Duragas), not including Repsol’s activities in the GLP auto retail business. Read more -
February 19, 2016
Update - Peru announces winners of renewables auction, EGP dominates auction
Peru's energy and mining regulator Osinergmin has recently awarded 20-year contracts to 13 renewables projects totalling 430MW, covering almost 100% of the electricity on offer. Read more
