Press office

Press office

13.02.2015
Planned investment amounts to $70 million

Red Eléctrica Internacional awarded the concession of an electricity line in Peru

Red Eléctrica Internacional, in a consortium with the Peruvian investment fund manager AC Capitales, has been awarded the concession of the 220 kilovolt (kV) Azángaro-Juliaca-Puno line in Peru, in an international public tender.

The project, with an investment of 70 million dollars (about 61 million euros) and a construction period of 33 months, includes the design, financing, construction, operation and maintenance of a 220 kV line and 115 km in length, and its associated substations for a period of 30 years.

These new infrastructures will enable the evacuation of energy from the hydroelectric power stations of Ángel and San Gabán and will reduce the overloading of the existing 138 kV lines. It will strengthen the transformer capacity in the Azángaro, Juliaca and Puno substations, which will ensure the electricity supply in these regions.

The awarding of this concession, which is part of the international expansion plans of the Red Eléctrica Group strengthens the role of Red Eléctrica Internacional as an electricity transmission agent in the south of Peru, where it acts as a shareholder and strategic operator in two concessions of transmission lines, totalling 942 km in length, in the regions of Arequipa, Cuzco, Moquegua, Tacna and Puno.

 

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