Porvenir II is a 352MW hydro power project. It is planned on Samana river/basin in Antioquia, Colombia. The project is currently in permitting stage. It will be developed in single phase. Post completion of the construction, the project is expected to get commissioned in 2023.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Hydropower | 352 | – | 352 | Permitting | Antioquia, Colombia | Celsia; Porvenir II |
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Description
The project is being developed by Celsia and Porvenir II. These companies also have ownership stakes in the project.
The project is expected to generate 2,129 GWh of electricity.
The hydro power project consists of 2 turbines, each with 176MW nameplate capacity.
Development Status
Post completion of the construction, the project is expected to get commissioned in 2023.
About Celsia
Celsia SA ESP (Celsia), a subsidiary of Grupo Argos SA, formerly Compania Colombiana de Inversiones SA ESP, is an energy company that generates, transmits, distributes, and sells electricity. The company’s product categories include home line, solar energy, backup energy, thermal network, efficient lighting, electricity assets, cogeneration, energy efficiency and conventional energy. It generates energy through reservoir, hydroelectric power plants, thermo electric power plants, and wind power plants. Celsia’s transmission services comprise taking energy from the power generation plants to the points used in the municipalities’ rural and urban areas. It serves residential, official, commercial, and industrial users. The company operates through power generation plants located in Colombia, Panama and Costa Rica. Celsia is headquartered in Medellin, Colombia.
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.
