Peru to award more concession bundles this month

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Peru’s private investment agency ProInversion is set to award two bundles of transmission P3s, after recently awarding another.

The two bundles are:

    • A $141m collection of three projects: 500 kV San José – Yarabamba link; ITC Link 220 kV Piura Nueva - Colán; and the ITC Link 220 kV Belaunde Terry – Tarapoto Norte

  • A $38.9m collection of two projects including ITC SE Lambayeque Norte 220 kV and the SE Piura Este 220/60/22.9 kV and Connection of Existing Lines of 60 Kv

The two bundles will be delivered through 30-year PPP concessions.

Earlier this month, Peru awarded the $223m Piura Nueva - Frontera transmission P3 project to Celeo Redes, after the team beat off competition from three other bidders.

The auction is set to take place August 25, 2023.