Energy for the bids will be supplied from Enersur’s existing capacity, and through the construction of a hydroelectric power plant, Quitaracsa I, located 500km to the North East of Lima in the Ancash region. The plant will have an estimated capacity of 112MW, and will be part of the National Electricity Grid.

In addition, GDF Suez’s existing ChilcaUno thermal power plant will be converted to combined cycle, increasing the plant’s capacity by approximately 270MW. This boosts the total capacity of this plant – which is located close to Lima – to approximately 800MW.

The total investment required for both projects will amount to approximately 450M euros.

Both projects will be instrumental in supplying Peru’s growing energy demands, and will further diversify the Group’s portfolio. GDF Suez’s contribution of over 380MW new electricity generation is part of its long-term commitment to Peru and the development of its energy sector.

Through EnerSur, GDF Suez currently has a generation capacity of 1030MW. Its production park includes thermal (ChilcaUno, Ilo 1 and 2) and hydro (Yuncan) power. With the implementation of its two new projects, the company will reach a total capacity of approximately 1412MW by the end of 2014.

The recent auction – which involved four bidding processes – was for the supply of 2990MW of electricity for the period 2013 to 2025.