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Empresa de Generacion Electrica de Junin

Sector: Commercial • Location: Junin, Peru

Source: World Bank Group

Project
Active

Empresa de Generacion Electrica de Junin, a partnership of Latin American Power and GCZ Energía, was awarded the contract to build and operate two small hydro power plant located at Comas, Concepcion (39.1 MW in capacity).

The power plants were named Runatullo II (19.1 MW) and Runatullo III (20 MW). Total investment committed to both power plants were estimated at US$ 89 million.

The concession

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The project “Empresa de Generacion Electrica de Junin” is an infrastructure initiative in the Commercial sector, located in Junin, Peru. Taiyo aggregates data on it from World Bank Group.

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Description

Description

Empresa de Generacion Electrica de Junin, a partnership of Latin American Power and GCZ Energía, was awarded the contract to build and operate two small hydro power plant located at Comas, Concepcion (39.1 MW in capacity). The power plants were named Runatullo II (19.1 MW) and Runatullo III (20 MW). Total investment committed to both power plants were estimated at US$ 89 million. The concession contract signed in 2012 was established for a duration of 20 years plus the construction time. In July 2012, the project company applied for carbon credits. In May 2013, the project reached financial closure as it was granted a US$ 62 million loan from Grupo Credito, Interbank and Scotiabank. The remaining US$ 27 million was equity-financed. Commercial operations commenced in December 2014.

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High

Data quality score

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