Dennis Netherton
South River, ON (CAN)
Role(s):
ACSAC
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Startup
Location:
South River
Industry:
Energy
Year Founded:
2006
Number Employees:
INVALID
Description:
Company carrying out small to medium hydroelectric developments in central Peru. Sales to national grid and local new industrial developments (two marble quarries and a 3000tpd gold mine).
Hold water rights, power concessions and infrastructure valued at +/- 2.8 million USD (official 3rd party assessment still in progress)
Require 6 Million for first phase of project (retrofit of old facility) plant size is 5.75 MW. Second phase is 24 MW still in pre-engineering stage.
Four Canadian and three Peruvian shareholders. All known for 7 to 20 years.
CEO has 12 years experience in Peru and 30 years in resource development worldwide.