Updated
Updated · Bloomberg · Jun 9
Impsa Eyes 672-MW Venezuela Turbine Restart at Guri Dam
Updated
Updated · Bloomberg · Jun 9

Impsa Eyes 672-MW Venezuela Turbine Restart at Guri Dam

1 articles · Updated · Bloomberg · Jun 9

Summary

  • Impsa is negotiating with Venezuela to restart turbine manufacturing and repair work tied to the Guri hydroelectric complex, according to CEO Jorge Salcedo.
  • The planned restart would cover work at the Macagua and Tocoma dams and add 672 megawatts to Venezuela’s power grid.
  • The talks mark a potential return for the now privately owned Argentine hydroelectric engineering firm to major Venezuelan power projects.

Insights

Can one Argentine firm's deal to fix turbines truly end the crippling blackouts across Venezuela?
Why repair drought-vulnerable dams instead of tapping Venezuela's vast, untouched offshore wind energy?
With a history of unpaid debts, how will Venezuela guarantee payment for its massive grid reconstruction?