2008-03-11

Colombian Isagen Interested in Guatemala Power Project

Colombian state-run electricity generating group Isagen is interested in participating in the tender for the construction of a power plant in Guatemala, the daily Portafolio said on March 10, 2008.

The tender will be organised by Guatemala’s national electrification institute INDE and is expected to take place by the end of the current year. The plant will be called Xalala and its construction has been postponed a number of times so far due to the opposition of Guatemalan environmentalists.

Xalala is expected to be the second largest power plant in Guatemala with an installed capacity of 180 MW and investments in it are seen standing at between $350 mln (226.33 mln euro) and $400 mln (258.67 mln euro).

Other companies, interested in participating in the tender, are U.S. AES and Spanish Union Fenosa, Iberdrola and Endesa.

Publication: Business Digest
Provider: AII Data Processing Ltd.
Date: March 11, 2008

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