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Spain’s Abengoa to Invest $114.3 Million in Peruvian Power Line

Abengoa SA of Spain won a concession to build a power line in Peru, the Andean country’s government said.

The company will invest $114.3 million over the next 38 months in the 220-kilovolt, 354-kilometer (212-mile) Machu Picchu-Tintaya transmission line, state investment agency Proinversion said.

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