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The 154 MW Amaila Falls Hydro Project is located in the country of British Guyana at the confluence of the Amaila and Kuribrong rivers meet. The project will deliver electricity to Guyana's capital, Georgetown, and its second largest town, Linden, by a 270km electric transmission line. Construction of the hydro facility and electrical interconnection is anticipated to begin in late 2011. It will take approximately four years to complete. The project will replace electricity currently produced by fossil fueled thermal power plants with a source of energy that emits no carbon. The project site has the potential for nearly 1000 MWs of total hydro capacity, which Enventure Partners maintains the right to develop. Enventure is seeking equity partners that are interested in buying into this project.
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  • A 154 MW hydro power plant located roughly 300km from the capital of British Guyana, Georgetown
  • Project includes a 270km 230 kV transmission line to transport power from the Project to the more densely populated area of the country.
  • Project equity is being provided by Sithe Global Group a division of Blackstone Private Equity
  • Total Project Cost is $800 million with a debt/equity ratio of 70:30.
  • This is a Build Own Operate Transfer (BOOT) arrangement, where after 20 years from the date of start up, the Project reverts to the Government of Guyana at no cost.
  • Project construction will create over 1000 jobs
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  • Developer: Sithe Global Group, Synergy Holdings & Enventure Partners
  • Equity Investor/Owner: Sithe Global Group,
  • Lender/Lead Arranger: Bank of China, IADB
  • Other Capital Contributions: Government of Guyana
  • Power Purchaser: Guyana Power & Light
  • Engine Supplier and Major Maintenance Provider:
  • Turnkey EPC Contractor: China Railway Engineering Corporation
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  • Estimated date to achieve financial closing and begin construction: Summer 2013
  • Anticipated commercial operation date: 2016.

Amaila Falls