Cheves Hydropower Project
Sector: Hydro • Location: Peru
Source: World Bank Group
On December 17, 2010 the 168MW Cheves run-of-river hydropower project reached financial closure through the signing of a US $70 million senior loan with the International Finance Corporation and a US $180 million IFC led syndication with joint lead arrangers WestLB, DnB Nor, Nordea and SG. The total project cost was estimated at US $253 million. Empresa de Generacion Electrica Cheves SA, the proje
- Status
- Prospective
- Sector
- Hydro, Power Generation (CCGT), Government, Commercial
- Location
- Peru
- Updated
- 22 Jul 2026
- Source
- World Bank Group
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Project Information
Participants
Sponsoring Agency |
Status
Original status | Active |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | On December 17, 2010 the 168MW Cheves run-of-river hydropower project reached financial closure through the signing of a US $70 million senior loan with the International Finance Corporation and a US $180 million IFC led syndication with joint lead arrangers WestLB, DnB Nor, Nordea and SG. The total project cost was estimated at US $253 million. Empresa de Generacion Electrica Cheves SA, the project company, was 99% owned by SN Power [Norway]. Cheves SA had Power Purchase Agreements with eight electricity distribution companies for a period of 15 years starting in 2014. |
Original sector | Energy |
Budget |
Location
Country | Peru |
Source
Source | World Bank Group |
URL |
More Details
Record type | Project |
Sector | Hydro, Power Generation (CCGT), Government, Commercial |
Article published date | 2024-09-19 |
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