Peruvian power companies invested US$424mn in the second quarter, according to a report from the energy and mines ministry’s general power department.

Of 2Q11 investment, US$288mn went to generation. Private investment accounted for US$277mn, with Enersur topping the list at US$95.5mn. State investment in generation represented US$10.7mn.

On the distribution front, US$50.6mn was invested, with private and public investment representing US$30.3mn and US$20.3mn respectively. The bulk of private investment came from Edelnor, and Electronorte from the public sector.

In transmission, US$86.1mn was invested on the part of private companies led by Consorcio Transmantaro.

The ministry’s rural electrification department (DGER) invested US$54mn in the period.

In separate reports, the general power department adds companies this year are forecast to invest US$2.77bn (US$2.12bn generation, US$350mn distribution, US$301mn transmission); and in 2012, US$2.51bn (US$2.07bn generation, US$297mn distribution, US$145mn transmission).

DGER investment this year and next is expected to reach US$210mn and US$206mn.

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