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Peru plans $8.1 billion in energy investments

Staff writer |
The Energy and Mines Ministry asked the Private Investment Promotion Agency (ProInversion) to move ahead with projects worth $7.3 billion, with an additional $800 million in investment expected for rural electrification projects.

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Investment in energy projects is projected to total $8.1 billion in Peru this year, bolstering the Andean nation's development and competitiveness, the Energy and Mines Ministry said.

The ministry asked the Private Investment Promotion Agency (ProInversion) to move ahead with projects worth $7.3 billion, with an additional $800 million in investment expected for rural electrification projects, the Andina news agency reported, citing Energy and Mines Minister Jorge Merino.

ProInversion is working on a southern pipeline, the addition of hydroelectric power plants with 1,100 MW of generating capacity and transmission lines, among other projects, this year, the energy minister said.


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