Riverbank Power acquires 50% interest in Chilean small hydro plant

8 September 2011


Riverbank Power's partner in the project is Portal Santa Laura Ltda., a Chilean company involved in diverse business sectors.

"After over a year of looking, we are pleased to get started in Chile. We like the compelling fundamentals of the country and believe it to be an important component of our strategy in Latin America," commented John Douglas, President and CEO of Riverbank. "We found a partner as passionate about sustainable hydro development as we are at Riverbank. Our team looks forward to executing more projects in this attractive area of the Americas."

The Rio Isla project is expected to be commissioned in 2013.




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