The Inter-American Investment Corporation has provided an injection of $7.2m towards the Canchayllo hydroelectric power project on the Pachacayo River in Junin, Peru. The project finance is now fully complete.

Rurelec, a UK power company that operates plants in Latin America, has a 70 per cent stake in Cascade Hydro, the Peruvian company behind the 5.3 MW project.

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