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China Inc Upbeat on LatAm Power

Sep 21, 2010

Chinese companies are surveying the power generation and transmission in LatAm, with Sinohydro and China Machine New Energy Corporation (CMNEC) both showing significant interest in several countries. Costa Rica, Guatemala, Honduras, Venezuela and Chile are all countries where the latter has direct investments in energy plants, or is in talks with government representatives about wind, hydro or coal fire plants. Its most recent investment was in a coal fire plant in Guatemala. “We have also...

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“The crisis has been a setback for reserve diversification."

Jan Dehn, Ashmore Investment Management