Spanish private multinational electric utility company Iberdrola is set to invest €52m for the new phase at San Pedro hydroelectric plant in the river Sil in Nogueira de Ramuín.
The company has commenced the construction of the new phase, San Pedro II, that is expected to add the energy capacity of 25MW to the existing capacity of 32MW. Construction of the new phase will complete in next three years.
Iberdrola stated that San Pedro hydroelectric plant acts as a reservoir for 441MW Santo Estevo that was launched after a €127m refurbishment.
With the conclusion of San Pedro II and recently commissioned Santo Estevo II, Iberdrola expects to complete its objectives including sluice control, balancing flows downstream and optimizing exploitation of an indigenous, renewable energy source.
The developer expects that the current program would create 190 direct jobs over the construction period.