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Iquitos Nueva Thermal Power Plant

Sector: Commercial • Location: Loreto, Peru

Source: World Bank Group

Project
Active

In May 2013, the Brazilian company Genrent, a subsidiary of the American company First Solar, was granted the right to build and operate a thermal power plant (diesel fueled) located in Iquitos (Maynas province), with 70 MW in capacity. The power plant was named Central Termoelectrica Iquitos Nueva. The electricity from the power plant was set to be directed to the national grid under a 20-year p

Status
Prospective
Sector
Commercial, Geothermal, Power Generation (CCGT), Solar, Government
Location
Loreto, Peru
Updated
22 Jul 2026
Source
World Bank Group

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The project “Iquitos Nueva Thermal Power Plant” is an infrastructure initiative in the Commercial sector, located in Loreto, Peru. Taiyo aggregates data on it from World Bank Group.

Participants

Sponsoring Agency

Company

Status

Original status

Active

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

In May 2013, the Brazilian company Genrent, a subsidiary of the American company First Solar, was granted the right to build and operate a thermal power plant (diesel fueled) located in Iquitos (Maynas province), with 70 MW in capacity. The power plant was named Central Termoelectrica Iquitos Nueva. The electricity from the power plant was set to be directed to the national grid under a 20-year power purchase agreement signed with the Ministry of Energy. The bidding criteria established by the regulatory agency Proinversion was the lowest tariff. Besides Genrent, only Cobra Instalaciones y Servicios took part in the contest. The contract was signed in September 2013, and its duration included 30 months for the construction and 20 years for the operation of the power plant. The sponsor created the company Genrent del Peru S.A.C. to manage the project. The sponsor committed to invest US$ 100 million in the construction of the power plant. Financial closure was achieved in May 2014, when the sponsor was granted a US$ 30 million loan from Espirito Santo Bank. Operations were set to begin in 2016.

Original sector

Energy

Budget

Location

Country

Peru

State

Loreto

Source

Source

World Bank Group

URL

More Details

Record type

Project

Sector

Commercial, Geothermal, Power Generation (CCGT), Solar, Government

Article published date

2024-05-23

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