First hydro projects announced for former SN Power AfriCA

Agua Imara, formerly SN Power AfriCA, has announced the first hydropower projects it will develop under its new name.

Agua Imara's first project is the Bajo Frio hydro project in Panama, as part of a strategic alliance formed in 2009 with the Panamanian Credicorp Group. Through the joint venture company Fountain Intertrade Corp, the alliance will develop the Bajo Frio hydroelectric project, a 58-MW run-of-river scheme located in the lower part of the Chiriqui Viejo River, in the Chiriqui province in western Panama. Agua Imara owns 50.1 percent of Bajo Frio and will be the industrial developer of the project.

In addition, Agua Imara has signed an acquisition agreement for a 51 percent shareholding in Zambia's Lunsemfwa Hydro Power Company Ltd. The remaining 49 percent of the shareholding will be held by the initial shareholders.

LHPC currently owns two hydropower plants, Mulungushi hydro station and Lunsemfwa hydro station, with a combined generation capacity of 46.5 MW, which will be increased in 2011 to 52.5 MW.

LHPC currently owns 50 percent of Muchinga Power Company. MPC has the right to develop the projects downstream of the current Lunsemfwa and Mulungushi hydropower plants. These project opportunities have a potential of at least 120 MW. LHPC has the right to increase its ownership in this company to 60 percent, once the projects are fully financed. LHPC's partner in MPC is Infraco, a donor-funded infrastructure company.

For more hydropower news and information, click here

HydroVision International 2014 Keynote Speakers

Presenting the HydroVision International 2014 Keynote Speakers

Check out a slideshow covering the keynote speakers at the HydroVision International 2014 conference and exhibition

Click Here >>

Hydro Industry Financials

Buyers Guide Products

PTFE-lined Thrust Shoes for VRA Akosombo, Ghana

Designed, manufactured, delivered replacement P...

Most Read Articles

Recent Comments

Buyers Guide Companies

Vesconite

Entec AG Consulting & Engineering

Offers long-standing experience and is highly q...

BG Consulting Engineers Ltd

With subsidiaries in Switzerland, France and Al...

NuPlanet (Pty) Ltd

A small hydro power developer, owner and operat...

NuPlanet

Specializes in comprehensive turnkey maintenanc...

Continuing Education

Professional Development Hours
To access a course listing associated to a specific topic listed below, click on the topic of choice from the list below.

07/01/2014
Volume 33, Issue 6
file
07/01/2014
Volume 22, Issue 4
file

Archived Articles

2006 | 2007 | 2008 | 2009 | 2010 2011 | 2012 | 2013
Hydro Review Past Issues