Thursday, November 20th, Mr. Castillo a 33 year old man lost his life and Mr. Gutiérrez was seriously injured in a tragic accident that occurred at the Bajo Frío Hydroelectric Project, in Renacimiento, Chiriquí Province in Panama. Agua Imara together with its local partner Credicorp is the developer of the project. The deceased was employed by Saret Steel Works a sub supplier at the project.
SN Power has been in Vietnam for 4 years and have learnt a lot about the country and the market. - We have not been able to identify an investment that works for us within the current regulatory environment, hence, we have decided to close our office, says Torger Lien, CEO of SN Power.
SN Power AS has taken over the 20% shareholding in the 500 MW Theun Hinboun Hydropower Company (THPC) in Laos from Statkraft. SN Power is aiming to be a long time investor in Laos.