Rurelec Plc (RUR) Ord 2p
Rurelec PLC is engaged in the acquisition, development and operation of power generation assets in markets in Latin America. The Company's main business consists of the ownership and development of power generation facilities on national and regional grids and in isolated areas, selling wholesale electricity as a generator on commercial terms, through capacity payments or power purchase agreements (PPAs). The Company's geographic segments include Argentina, Chile, Peru and UK. Its businesses include an operational plant in Argentina, and development of new plants in Chile and Peru. The Company, through its interests, owns and operates approximately 136 Megawatts (MW) combined cycle gas turbine (CCGT) power plant in Southern Patagonia, Argentina, as well as engages in greenfield thermal power plant development in Chile, and hydroelectric power development in Peru. Its subsidiaries include Cascade Hydro Limited and Cochrane Power Ltd.
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