Future Projects

Bolivia

Guaracachi is moving two of its Frame 5 units to an industrial park in Santa Cruz to form the core of a 40 MW combined heat and power ("CHP") project, using waste heat to produce steam for industrial users. This will be Bolivia's first gas-fired CHP and should produce CERs from the use of the waste heat. The thermal efficiency of the gas turbines will increase when operating in CHP mode which should, in turn, allow these units to run as baseload rather than peaking units. Completion is expected in 2009.

Argentina

Rurelec is currently considering two proposed projects. The first plant under consideration would be located in Buenos Aires Province, whilst the second would be located in Salta in the north of the country and near to the Bolivian border. Decisions on the projects are expected in 2009.

Regional

Rurelec is committed to cementing its presence and increasing capacity in the cone of South America. In particular expansion will target Chile and Peru and the entire Rurelec team looks forward to future growth with great excitement