Riverbank Power acquires 50% stake in Rio Isla hydroelectric project

8 September 2011 (Last Updated September 8th, 2011 18:30)

Riverbank Power has acquired a 50% stake in the Rio Isla run-of-river hydro generation development project in Valdivia Province, Chile. Chile-based Portal Santa Laura is also a partner in the 4.2MW project. Rio Isla project will use the water resources from the Isla River in a

Riverbank Power has acquired a 50% stake in the Rio Isla run-of-river hydro generation development project in Valdivia Province, Chile.

Chile-based Portal Santa Laura is also a partner in the 4.2MW project.

Rio Isla project will use the water resources from the Isla River in a low-impact run-of-river design.

The project is expected to be commissioned by 2013.