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Central Termoelectrica Puerto Bravo

Sector: Commercial • Location: Peru

Source: World Bank Group

Project
Active

Samay I S.A., a subsidiary of Israeli company Israel Corp. Ltd (IC Power), announced the development of a 720-MW natural gás thermal power plant at Mollendo, Arequipa Department. In the first phase of the project, the power plant was expected to run on diesel, until natural gas was made available through the natural gas pipeline Gasoducto Sur Peruano.

In November 2013, the sponsor took part in a

Status
Prospective
Sector
Commercial, Power Generation (CCGT), Natural Gas, Geothermal, Government, Manufacturing (Industrial)
Location
Peru
Updated
22 Jul 2026
Source
World Bank Group

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The project “Central Termoelectrica Puerto Bravo” is an infrastructure initiative in the Commercial sector, located in Peru. Taiyo aggregates data on it from World Bank Group.

Participants

Sponsoring Agency

Status

Original status

active

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

Samay I S.A., a subsidiary of Israeli company Israel Corp. Ltd (IC Power), announced the development of a 720-MW natural gás thermal power plant at Mollendo, Arequipa Department. In the first phase of the project, the power plant was expected to run on diesel, until natural gas was made available through the natural gas pipeline Gasoducto Sur Peruano. In November 2013, the sponsor took part in a competitive bidding for the sale of electricity to the national grid, and won a long-term power purchase agreement at a rate of US$ 6.899/MW per month. The investment was estimated at US$ 390 million. The construction contract was signed with the Ecuadorian firm Santos CMI in March 2014. As of June 2015, 48% of the construction works had been concluded. Operations were expected to commence in 2016. In December 2014, the sponsor was granted a US$ 311 million loan to finance the project. No additional details were made available on the transaction.

Original sector

Energy

Budget

Location

Country

Peru

Source

Source

World Bank Group

URL

More Details

Record type

Project

Sector

Commercial, Power Generation (CCGT), Natural Gas, Geothermal, Government, Manufacturing (Industrial)

Article published date

2024-09-23

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