Colombian energy group likely to invest US$400 mln in Peru's energy projects

Colombia's Grupo Energia de Bogota plans to invest over 400 million dollars in Peruvian energy projects, reported today Bogota's mayor and president to Board of Directors of the company, Samuel Moreno.
According to Moreno, over 200 million dollars will be invested only in the construction and operation of the Ica gas pipeline, through Transcogas Perú, where "Empresa de Energía de Bogotá" (EEB) is the majority shareholder.

"Grupo Energia de Bogota owns over 80 percent of EEB, a public company from the Colombian capital that is steadily expanding", he said.

However, he emphasized that Ica gas pipeline will be not the only investment undertaken by Grupo Energía de Bogota in Peru, since it also plans to make significant investments through the Peru Energy Network (REP) and Transmantaro Consortium, both experts on the transmission of electricity.

Publication: Andina - English Newswire
Provider: Andina
March 7, 2009