Overview*
Inkia Energy is a privately held company wholly-owned by Israel Corp. Inkia owns a portfolio of hydro-electric, natural gas and other power plants located in Latin America. Inkia will have gross and net capacity of over 2,500 and 1,200 megawatts, respectively, following the completion of two plants under construction that will add 384 megawatts of additional capacity. Approximately 64%** of the capacity is in Peru. Israel Corp. holds 100% of Inkia.
Facts & Figures*
|
10%
|
Maximum electricity demand growth in 2007 in Peru, where the majority of Inkia’s assets are located.
|
| 37% |
Inkia's power generation capacity from Natural Gas facilities |
|
|
Inkia's power generation capacity from hydro-electric facilities
|
| 1,200MW+ |
Net generating capacity including two facilities currently under construction. |
*as of December 31, 2007
Highlights
In June 2007, Israel Corp. acquired the Latin American energy portfolio of Globeleq for $543 million, in line with its plan to become a significant player in attractive and fast-growing power generation markets.
Demand for energy in Peru and Bolivia, the countries in which most of Inkia's operations are located, increased rapidly during the past few years. These and other South American countries in which Inkia operates, are noted for their tight supply-demand balance in the energy sector, creating additional opportunities for significant growth.
Hydro-electric energy represents 38% of Inkia's installed capacity, with natural gas representing a further 37%, underlining the considerable green character of Inkia's energy production facilities*.
Following the relocation of Inkia's headquarters from Houston, Texas, to Lima, Peru, and the appointment of a new, dynamic management team with extensive experience in the power industry, Inkia has launched an aggressive growth strategy for the company. Leveraging its operational and financial experience, Israel Corp. is supporting Inkia's efforts to increase its capacity and utilization in order to drive higher returns in the markets in which the company operates.
As a first step in its expansion strategy, during 2009 and 2010, Inkia's Kallpa operation completed the construction of two natural gas turbines south of Lima, Peru with a combined capacity of approximately 384MW. Additional opportunities for growth and expansion are constantly being explored.
Click here for more information about Inkia on its web site.
___________________________
*as of December 31, 2007
Overview*
Inkia Energy is a privately held company wholly-owned by Israel Corp. Inkia owns a portfolio of hydro-electric, natural gas and other power plants located in Latin America. Inkia will have gross and net capacity of over 2,500 and 1,200 megawatts, respectively, following the completion of two plants under construction that will add 384 megawatts of additional capacity. Approximately 64%** of the capacity is in Peru. Israel Corp. holds 100% of Inkia.
Facts & Figures*
|
10%
|
Maximum electricity demand growth in 2007 in Peru, where the majority of Inkia’s assets are located.
|
| 37% |
Inkia's power generation capacity from Natural Gas facilities |
|
|
Inkia's power generation capacity from hydro-electric facilities
|
| 1,200MW+ |
Net generating capacity including two facilities currently under construction. |
*as of December 31, 2007
Highlights
In June 2007, Israel Corp. acquired the Latin American energy portfolio of Globeleq for $543 million, in line with its plan to become a significant player in attractive and fast-growing power generation markets.
Demand for energy in Peru and Bolivia, the countries in which most of Inkia's operations are located, increased rapidly during the past few years. These and other South American countries in which Inkia operates, are noted for their tight supply-demand balance in the energy sector, creating additional opportunities for significant growth.
Hydro-electric energy represents 38% of Inkia's installed capacity, with natural gas representing a further 37%, underlining the considerable green character of Inkia's energy production facilities*.
Following the relocation of Inkia's headquarters from Houston, Texas, to Lima, Peru, and the appointment of a new, dynamic management team with extensive experience in the power industry, Inkia has launched an aggressive growth strategy for the company. Leveraging its operational and financial experience, Israel Corp. is supporting Inkia's efforts to increase its capacity and utilization in order to drive higher returns in the markets in which the company operates.
As a first step in its expansion strategy, during 2009 and 2010, Inkia's Kallpa operation completed the construction of two natural gas turbines south of Lima, Peru with a combined capacity of approximately 384MW. Additional opportunities for growth and expansion are constantly being explored.
Click here for more information about Inkia on its web site.
___________________________
*as of December 31, 2007