Hidrotenencias, a company were The Attie Group has a participation, currently owns three run-of-the-river hydroelectric projects located in the Chiriqui province, western Panama, with a total capacity of 30MW. Each of these power plants has an installed capacity of 10MW.
Its first plant started operations and has been generating since 2008, while two new plants are expected to start operations at the beginning of 2015. In addition to completing the current projects, the Company has an identified pipeline of renewable energy projects to further grow Hidrotenencias in Panama and other countries in Latin America.
Latin America is a region of the world with a very high potential for hydro power generation.Within Latin America, Panama is the fastest growing economy and one with limited access to fossil fuels. Attie Group is very enthusiastic about the possibilities of this investment hope to develop Hidrotenencias as a regional company for renewable energy generation.