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  3. ACCIONA CONCESIONES WAS AWARDED THE TWO ELECTRICITY PROJECTS PROMOTED BY PROINVERSIÓN
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THREE STAKEHOLDERS PRESENT CREDENTIALS TO MODERNIZE THE HUANCAYO - HUANCAVELICA RAILWAY PROINVERSIÓN PROMOTES PPP PORTFOLIO IN SANITATION FOR MORE THAN US$ 2.2 BILLION THE NEW MARCONA PORT WOULD BOOST INVESTMENTS OF MORE THAN US$ 15 BILLION IN THE SOUTH OF THE COUNTRY MTC COMMISSIONS PROINVERSIÓN A STUDY TO PROMOTE THE SUSTAINABLE BACK NETWORK MTC COMMISSIONS PROINVERSIÓN 20 ROAD AND TWO PORT PROJECTS FOR MORE THAN US$ 3.5 BILLION EIGHT BIDDERS PRESENT CREDENTIALS TO PREQUALIFY FOR THE LONGITUDINAL DE LA SIERRA HIGHWAY SECTION 4 USERS OF THE VILLA EL SALVADOR EMERGENCY HOSPITAL WILL RECEIVE QUALITY SERVICES PROINVERSIÓN INCORPORATES THE TRUJILLO AND CHEPÉN WWTP PROJECT TO THE PROMOTION PROCESS PROINVERSIÓN PROMOTES PERIPHERAL RING ROAD TO POTENTIAL INVESTORS IN EUROPE MINDEF WOULD ENTRUST PROINVERSIÓN WITH THE AWARD OF A SPACEPORT IN TALARA FOR MORE THAN S/ 1 BILLION PROINVERSIÓN CALLS FOR BIDS ON FOUR ELECTRICITY PROJECTS FOR US$ 137 MILLION PROINVERSIÓN PROMOTES THREE INVESTMENT ATTRACTION MECHANISMS TO STRENGTHEN CONFIDENCE IN PERU THE MINISTRY OF TRANSPORT AND COMMUNICATIONS ENTRUSTED PROINVERSIÓN WITH A NEW PORTFOLIO OF PPP PROJ PROINVERSIÓN: PPP PORTFOLIO IN HEALTH 2024-2025 AMOUNTS TO US$ 700 MILLION 1071 LEGAL STABILITY AGREEMENTS FOR US$ 16,000 MILLION HAVE BEEN SIGNED SINCE THEIR IMPLEMENTATION PROINVERSIÓN STARTED FOURTH UNIVERSITY EXTENSION COURSE IN PPP PROINVERSIÓN: 10 PROJECTS FOR US$ 433 MILLION ACCESSED TO THE SPECIAL REGIME FOR RERAIGV IN 2023 PUBLIC ENTITIES PLAN TO AWARD MORE THAN S/ 1,000 MILLION IN WORKS FOR TAXES IN 2024 PROINVERSIÓN OBTAINS ISO ANTI-CORRUPTION CERTIFICATION PROINVERSIÓN EXPECTS TO AWARD EIGHT ELECTRICITY PROJECTS FOR US$ 700 MLL IN THE FIRST HALF OF 2024 WORKING WITH OTHER STATE ENTITIES TO ENSURE SUSTAINABLE PPP PROJECTS THE AGREEMENT UNITED AGAINST ANEMIA AND CHILD MALNUTRITION THROUGH WORKS-FOR-TAXES WAS SIGNED PROINVERSIÓN IS THE NATIONAL CONTACT POINT FOR THE RESPONSIBLE BUSINESS CONDUCT OF THE OECD PROINVERSIÓN: MINDEF PLANS TO EXECUTE 12 PROJECTS FOR MORE THAN S/ 780 MILLION THROUGH OXI PUNO BETS ON PUBLIC-PRIVATE INVESTMENT AND PRESENTS 23 PROJECTS FOR MORE THAN S/ 4,000 MILLION PROINVERSIÓN: VIETTEL PERU WILL EXTEND 4G MOBILE SERVICES TO MORE THAN 3,800 RURAL LOCATIONS PROINVERSIÓN PROMOTES ANCON INDUSTRIAL PARK PROJECT IN BEIJING WORKS FOR TAXES: GORE MOQUEGUA AND SOUTHERN PERÚ WILL IMPROVE SCHOOL WITH S/ 76.8 MILLION THIS MONTH MTC WILL CALL FOR TENDER FOR THE SANTA ROSA BRIDGE THAT WILL CONNECT TO THE JORGE CHÁVEZ MODERNIZATION OF THE HIPÓLITO UNANUE HOSPITAL TO BE DECLARED VIABLE IN THE FIRST QUARTER OF 2024 PROINVERSIÓN EXPECTS TO AWARD EIGHT PPP PROJECTS FOR UP TO US$ 5,700 MILLION. IN THE NEXT SIX MONTHS PROINVERSIÓN WILL AWARD TWO ELECTRICITY PROJECTS FOR ABOUT US$ 800 MILLION IN OCTOBER PROINVERSIÓN SIGNS AGREEMENTS TO PROMOTE PROJECTS IN ASSETS IN AREQUIPA RESOURCES FROM GORES, LOCAL GOVERNMENTS AND PUBLIC UNIVERSITIES FOR OXI GROW TO MORE THAN S/ 25,000 PROINVERSIÓN STRENGTHENS ACTIONS TO ATTRACT INVESTMENT ABROAD FOR PPP PROJECTS IN PERU 10 MTC PROJECTS PER S/ 2,000 MILLIONS ARE READY TO BE FINANCED BY COMPANIES THROUGH OXI PROINVERSIÓN ORGANIZES ROADSHOWS IN MEXICO AND CHILE TO ATTRACT INVESTORS TO PPP PROJECTS PROINVERSIÓN ACHIEVED OVER US$ 1,000 MILLION INVESTMENT IN SIX AWARDS IN I SEMESTER 2023 VIETTEL PERU WILL INVEST AROUND US$ 600 MILLION TO CONNECT RURAL AREAS WITH 4G SERVICES PROINVERSIÓN MANAGED AND AWARDED 103 PROJECTS IN ASSETS FOR MORE THAN US$ 7,500 MILLION METRO LINE 1 WOULD PROPOSE TO INCREASE DAILY TRANSPORT CAPACITY TO ONE MILLION PASSENGERS LIMA PROVINCES REGION HAS S / 370 MILLION TO EXECUTE INVESTMENTS VIA WORKS FOR TAXES PROINVERSIÓN: 2023 WOULD BE A RECORD YEAR OF AWARDS THROUGH WORKS FOR TAXES PORTFOLIO IN PROMOTION THROUGH OXI CONSISTS OF 371 INVESTMENTS FOR MORE THAN S/ 13,000 MILLION PROINVERSIÓN WILL AWARD THE CONTRACT FOR THE ESSALUD HOSPITALS IN THE SECOND QUARTER OF 2023 CAPITAL EXPENDITURE IN THE LA GRANJA MINING PROJECT GROWS TO MORE THAN US$ 2,400 MILLION PROINVERSIÓN WILL AWARD 10 ELECTRICITY TRANSMISSION PROJECTS FOR US$ 1,100 MILLION IN 2023 PPP INVESTMENTS IN PORTS WILL EXCEED US$ 3,500 MILLION PROINVERSIÓN PROMOTES THE DEVELOPMENT OF THE CAJAMARCA WWTP PROJECT WITH AN INVESTMENT OF US$ 58 MIL PROINVERSIÓN: MORE THAN S/ 620 MILLION WILL BE AWARDED IN 2023 IN WORKS FOR TAXES PROINVERSIÓN: UNSOLICITED PROPOSALS PRESENTED TO MODERNIZE THE PORT OF CHIMBOTE ACCIONA CONCESIONES WAS AWARDED THE TWO ELECTRICITY PROJECTS PROMOTED BY PROINVERSIÓN

ACCIONA CONCESIONES WAS AWARDED THE TWO ELECTRICITY PROJECTS PROMOTED BY PROINVERSIÓN

Lima - January 31, 2023.- PROINVERSIÓN awarded the company ACCIONA CONCESIONES S.L. the projects “220 kV Ica – Poroma Link, extensions and associated substations” and “220 kV Cáclic – Jaén Norte Link ITC, extensions and associated substations” that will allow meeting the continuous increase in the demand for electricity in the departments of Ica, Amazonas and Cajamarca with efficiency and quality.

ACCIONA CONCESIONES S.L. won the Successful Bid by offering a total investment cost for the two projects of US$ 73’142,175.29 and a total annual operation and maintenance cost of US$ 3’986,073. The investment cost offered is 45% lower than the values considered in the bidding process (US$ 132 million), which represents a significant saving for users.

This is PROINVERSION's first award this year, one month into the tenure of the current executive director, José Salardi.

Both electricity projects, tendered by the Ministry of Energy and Mines (MINEM), will benefit 370,000 people in the three regions with quality electricity service to develop new enterprises and strengthen productive, commercial and tourism activities. In addition, they will contribute to improving living conditions and reducing poverty, because the availability of energy will facilitate access to education and health services in remote areas.

"The successful bidding of the electricity projects is a sign of investors’ confidence in the PPP projects developed by PROINVERSIÓN and in the multi-sectoral technical work carried out together with the MEF, Minem and the regulator," said PROINVERSIÓN's executive director, José Salardi. He emphasized that these projects will improve development opportunities and the quality of life of tens of thousands of families in the country’s regions. In addition, he welcomed ACCIONA for consolidating its presence in Peru through PPP investments.

Guillermo López-Cediel, legal representative of ACCIONA CONCESIONES S.L. indicated that this award is significant because it aims to expand and consolidate its investments in Peru. He recalled that last year his company was awarded the electricity projects Reque - Nueva Carhuaquero and Nueva Tumbes Substation. “Despite the situation in Peru, we continue and will continue to invest,” he added.

The two projects have been structured under the PPP mechanism, so the concessionaire will be responsible for the design, financing, construction, operation and maintenance of both projects. The executive director of PROINVERSIÓN highlighted the role of PPPs in electricity projects as they guarantee the sustainability of projects and ensure their operation and maintenance. He estimated that this year the entity will award a package of electricity projects for almost US$ 1,000 million.

PROJECTS

The “220 kV Ica – Poroma Link, extensions and associated substations” project will increase the transmission capacity between Ica and Poroma and inject energy from the Punta Lomitas and Dunas generation plants and those that may be incorporated in the future from renewable energy sources into the National Electric Interconnection System (SEIN), thus strengthening the transmission system of the local area of influence.

The “220 kV Cáclic – Jaén Norte Link ITC (2 circuits), extensions and associated substations” project will allow to improve the supply of electric power to the Bagua-Jaén Power Grid, with criteria of technical-economic efficiency.

The term of each concession will be 30 years from Commercial Start-up (POC) scheduled for March 2027 and August 2027, respectively.

Source: Press Release - PROINVERSIÓN