Rurelec PLCLSE Rurelec Stock Report

Rurelec Plc engages in the acquisition, development and management of power generation assets. The firm's business consists of the ownership and development of power generation facilities on national and regional grids and in isolated areas, selling wholesale electricity as a generator on commercial terms, through capacity payments and/or power purchase agreements (PPAs). Its business includes an operational combined cycle gas thermal power plant in Argentina and the development of a new plant in Chile. The company operates under four segments, namely Argentina, Chile, Peru, and United Kingdom (UK). The firm's Energia del Sur S.A. (EdS) power plant is situated in Comodoro Rivadavia in Argentina’s Chubut province with a capacity of two 38 megawatts (MW) (nominal) gas turbines and one 60 MW (nominal) steam turbine. Its Central Illapa S.A. (Central Illapa), is engaged in developing approximately 250 MW open cycle gas fired peaking plant in Mejillones.