Peru's Promcepri starts to roll

Article Abstract:

The Peruvian government commission in charge of infrastructure privatization, Promcepri, has appointed four special committees to oversee the initial concessions. The committees will develop a concession mechanism in co-operation with investment banks and consultants. The first four concessions comprise a 'B' cellular telephone band for all of the country excluding Lima, a road network, the irrigation and hydro-electric project in Olmos and the Mantaro-Socabaya electricity transmission line. The first road project will probably be the Panamerican highway to the Ecuadorean border from Piura.

All Other Heavy Construction, Telephone and telegraph apparatus, Telephone Apparatus Manufacturing, Highways & Streets Constructn, Highway and Street Construction, Cellular Mobile Tel Switching Eqp, Heavy Construction, Except Highway, Electric Power Transmission Lines, Electric Bulk Power Transmission and Control, Hydroelectric Construction, Infrastructure (Economics), Cellular telephone services industry, Cellular telephone services, Wireless communications, Economic policy, Road construction, Peru, Hydroelectric power plants, Power lines

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ENEL may face shake-up

Article Abstract:

The Italian government has found it very difficult to establish an appropriate framework for the privatisation of state electricity concern ENEL. A special commission has now put forward a number of recommendations, including the creation of an independent dispatching and grid transmission organisation. The commission believes that, if the manager of the country's transmission network remains under state control, then it should have responsibility for ENEL's hydro plant, thus making it possible to balance supply and demand.

Planning, Ente Nazionale per l'Energia Elettrica

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Peru sells generators

Article Abstract:

Edegel of Peru, an electricity generating company was the country's second most significant privatisation. The Generandes consortium led by Entergy Power Development of the US and Endesa of Chile offered more than $424 million cash along with a fixed $100 million in secondary debt paper. Edegel employees can purchase up to 10% with the remainder being offered to the public.

Mergers, acquisitions and divestments, Edegel S.A.

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