Peru to offer stake in state power companies

Tuesday, July 29, 2014

Peru's President Ollanta Humala announced that measures are being introduced to allow private participation in state power companies.

"The modernization of these companies will begin with the opening of 20% to private participation, to complement state efforts to expand and improve power service," Humala said in his Independence Day speech.

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State business financing fund Fonafe controls power sector companies Adinelsa, Egasa, Egemsa, Egesur, Electro Oriente, Electro Puno, Electro Sur Este, Electro Ucayali, Electrocentro, Electronoroeste, Electronorte, Electroperu, Electrosur, Hidrandina, San Gaban and Seal.

Maximum power capacity demand on Peru's national grid this June hit 5.63GW compared with 5.37GW in the year-ago month.

BNamericas will host its fourth LatAm Power Generation Summit in Santiago, Chile, on August 13-14. Click here to download the agenda.