China Expands Its Presence In Peru’s Critical Electricity Infrastructure

State-owned China Three Gorges Corporation (CTG) expanded its presence in Peru’s electricity sector in 2026 China acquired the remaining stake in Hydro Global Perú, a company linked to the San Gabán III hydroelectric plant in Puno. The transaction adds to the group’s other major assets in the country, including the Chaglla hydroelectric plant in the department of Huánuco and Luz del Sur, one of Peru’s leading electricity distributors. CTG’s expansion has unfolded over several years. In 2019, the company completed its acquisition of Chaglla, a 456-megawatt (MW) facility and Peru’s third-largest hydroelectric plant. Chinese state-owned companies subsequently expanded their presence…