Bajo Frio is a 58MW hydro power project. It is located on Chiriqui Viejo river/basin in Chiriqui, Panama. The project is currently active. It has been developed in single phase. The project construction commenced in 2011 and subsequently entered into commercial operation in 2015.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Hydropower | 58 | 58 | – | Active | Chiriqui, Panama | Agua Imara |
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Description
The project was developed by Agua Imara. Agua Imara and Credicorp are currently owning the project having ownership stake of 50.1% and 49.9% respectively.
Bajo Frio is a run-of-river project. The hydro reservoir capacity is 8.9 million cubic meter. The net head of the project is 62.38m. The project generated 248 GWh of electricity. The project cost is $224m.
The hydro power project consists of 1 turbine.
The hydro power project consists of 6 turbines.
Development Status
The project construction commenced in 2011 and subsequently entered into commercial operation in 2015.
Contractors Involved
Indar Electric supplied 1 electric generator for the project. The generator capacity is 2.35 MVA.
Indar Electric supplied 6 electric generators for the project. The generator capacity is 10.28 MVA.
About Agua Imara
Agua Imara AS (formerly SN Power AfriCA AS) is a joint venture company formed by Statkraft Norfund Power Invest AS (SN Power) and Norfund. It is engaged in hydro power generation and focuses on investing in Africa and Central America. It operates as a separate entity under the SN Power brand.
Methodology
All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.
