China''s role in Peru''s grids stirs debates | Dialogue Earth
In the months before China Southern Power Grid International (CSGI) finalised its purchase of Italian utility giant Enel''s distribution operations in Peru in June 2024, discussions
In April, Italian energy firm Enel announced it was selling its Peruvian electricity business, which supplies power to northern Lima, to China Southern Power Grid International for $2.9bn. The rest of Lima's electricity supply was sold to another Chinese company, Three Gorges Corporation, in 2020.
LIMA, Nov. 11 (Xinhua) -- Since being acquired by China Southern Power Grid (CSG), Pluz Energy Peru S.A.A., Peru's largest power distributor, has significantly improved its reliability, having maintained an uninterrupted power supply for major events.
Please Sign in to choose from the range of newsletters available to you. The US has expressed concern to Peru that China is gaining control over critical parts of the South American nation's infrastructure, including electricity supply to the capital Lima and a new megaport on the Pacific coast.
Three Gorges also owns Chaglla, one of Peru's biggest hydroelectric dams. Peru's National Industries Society has complained that if the Enel sale went through, it “would lead to a concentration of 100 per cent of Lima's electricity distribution market in the hands of the People's Republic of China”.
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