Peru watch: Permitting, refinancing, transmission

By
Tuesday, October 7, 2014

Peruvian environmental authorities flagged up for review the EISs submitted for hydro and thermo power projects totaling 624MW.

Compañía Energética del Norte is behind the 124MW Utcubamba I hydro, while Samay I is developing the 500MW Mollendo thermo plant.

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The energy and mines ministry's energy environmental affairs office said the companies have until January to respond to observations.

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Hidrocañete, which operates the 4MW Nuevo Imperial hydro plant, filed a loan request for up to US$6.8mn with the Inter-American Investment Corporation to refinance debt acquired to build and operate the run-of-the-river complex.

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The ministry and Líneas de Transmisión Peruanas signed a 30-year concession contract for the 630km, 220kV Moyobamba-Iquitos transmission project.

In June, Consorcio Isolux Transmisora Peruana won the concession, with an investment bid of US$499mn and a service cost offer of US$74mn.

The group has 52 months to complete the infrastructure, which will span regions San Martín and Loreto and connect the isolated Iquitos system to the national SEIN grid.

BNamericas will host its 11th Southern Cone Energy Summit in Lima, Peru, on November 12-13. Click here to download the agenda.