Link Securities | Acciona (ANA) has reached an agreement with Darby International Capital for the acquisition of the Machupichu-Quencoro-Onocora-Tintaya transmission concession project and its associated substations, Bolsamanía reported on Monday.
The project, which involves an investment of €250 million, comprises the design, financing, construction, operation and maintenance for 30 years from commercial operation of 330 kilometres of 220kV line, as well as the construction of two new substations (Quencoro Nueva and Onocora) and the expansion of three existing substations (Suriray, Quencoro and Tintaya Nueva).
Once it comes into operation in 2028, this project will create a new 220 kV electricity corridor with a capacity of 300MVA, which will increase the transmission of electricity to the south of Peru, covering the entire demand of the city of Cusco, which is currently only partially satisfied.
