According to its own rather tired-looking website, Rurelec’s basic strategy has been to acquire, develop and manage small to medium-sized power plants in South America.  The company, which is registered in England and Wales initially prospered and floated on London’s AIM in 2004, with an interest in a functioning plant in Argentina and some exciting [...]

Rurelec’s basic strategy is to acquire, develop and manage small to medium sized power plants in South America. Over time, it has become clear that this “combined” strategy is tough to deliver. In general, power generators are pulling back from power project development, a high risk activity, in favour of the ownership of plants already [...]