Electricity Transmission Company Energy Electricity Iván Barría State Purchases electricity energy Electricity Transmission Network Overhead Transmission Lines Tender tender Tender notice electricity distribution energy sales Electric Interconnection

Panama: Financing for Electricity Distribution

The Electricity Transmission Company is preparing to make two issues of $350 million and $500 million on the New York Stock Exchange in order to finance the fourth transmission line and carry out improvement works on existing lines.

Monday, July 11, 2016

Authorities at the Electricity Transmission Company of Panama (Etesa) have hired Scotiabank to structure the emissions to be made on the New York Stock Exchange. The funds raised will be used to build a fourth transmission line, whose tender will be announced in early 2017.

See: "Panama: Fourth Transmission Line Could Cost $480 million"

Ivan Barria, general manager of Etesa told Capital.com.pa that "... besides the construction of two transmission lines they will be re powering existing lines to increase energy transport capacity, added to this is the construction of several transmission rings that will help provide redundancy to the transmission system and increase transportation capacity to 6,000 megawatts (MW) by the year 2019. "

"... Barria said that having a modern and efficient energy transmission and distribution system will not only improve the internal power supply but transform Panama into the main energy hub in the region, facilitating the exchange of energy between North, Central and South America."

Source: Capital.com.pa

¿Busca soluciones de inteligencia comercial para su empresa?

Are you interested in construction projects in Central America?
Receive information about our monthly report including a complete list of all the major and most important construction projects seeking government authorization.

Request more information:

Your message has been sent. We will contact you shortly.

Name*

Last Name*

Email:*

Telephone (Country):*

Company:*

Title:*

Size of the Company:*

Industry:*

Yes, I want to receive a call from a salesperson*

Comments:*

this site is protected by reCAPTCHA and Google's privacy policy and terms of service.

Need assistance? Contact us

(506) 4001-6423

Goods
Electricity financing
Key entities
Iván Barría Electricity Transmission Company
Countries
Panama
Insight
Overhead Transmission Lines electricity bond issue securities Energy Finance

More on this topic

Panama: Studies for a 4th Power Transmission Line

July 2016

Etesa said it plans to tender in August preliminary studies for the construction of a fourth electricity transmission line, for which funding is already being prepared.

Panamaamerica.com.pa reports that "...The assistant manager of Empresa de Transmisión Eléctrica (Etesa), Gustavo Bernal, said they have already obtained authorization from the Board to initiate preliminary studies for a fourth transmission line, which will be put out to tender on August 26."

Tender for Works on Electricity Substations for $27 million

August 2014

Empresa de Transmisión Eléctrica de Panamá is putting out to tender transmission replacement and addition of equipment in substation and transmission lines in the Mata Nance and Progreso projects.

Panama Government Purchase 2014-2-78-0-99-LP-004966:

"Replacement and addition of equipment in substations and transmission line replacement in project Mata Nance Progreso 230 Kv."

Guatemala: $87 million for Power Grid

August 2014

With a bank loan the company Transportadora de Energía de Centroamérica will complete the expansion of the electricity transport system in the country.

The Guatemalan subsidiary of Grupo de Energia de Bogota, will use the funds to complete the project investing in energy transport, which is to build and launch more than 850 kilometers of transmission lines and 12 new high voltage substations, as well expansion of 12 existing substations.

Progress in Transmission Line Tender

July 2013

Thirteen companies have toured the Etesa power substations as part of the bidding process for the design, supply, construction and financing of the third transmission line of 230 kilowatts.

According to Argelis Echazabal, Project Manager at Empresa de Transmisión Eléctrica S.A.