4 de noviembre de 2016 / 15:03 / hace un año

BRIEF-Schwager Energy signs MoU to build hydroelectric plant in Los Lagos

Nov 4 (Reuters) - Schwager Energy SA :

* Said on Thursday that along with its unit, Los Pinos SPA, and China-based Shenyang Yuanda Commercial & Investment Co. LTDA had signed a memorandum of understanding (MoU)

* The MoU concerns the construction of a hydroelectric plant in the region of Los Lagos, Chile

* 85 pct of the project financing will be obtained from a Chinese bank

* 15 pct of the funds will be put in by Los Pinos

* The construction is to start in June 2017, the plant will have 3MW potential and power capacity of 16.6 GWh per annum

Source text: bit.ly/2fCjnAe

Further company coverage:

Gdynia Newsroom

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