BRIEF-Grenergy signs energy supply agreements in Peru

viernes 20 de mayo de 2016 02:00 GYT

May 20(Reuters) - Grenergy Renovables SA :

* Announced on Thursday that it had signed energy supply agreements with Ministry of Energy and Mines of Peru, after being awarded 36MW in renewable energy auction

* 20 year energy sale agreements will enter into force on Dec. 31, 2018, duration may be extended if the wind farms are connected earlier

* Estimated output of 165,600 MWh per year corresponds to contribution of about $5 million to the company's EBITDA in the first year of operations and of more than $100 million over the duration of agreements

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(Gdynia Newsroom)