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December 20, 2012
15:40 EDTICAEmpresas ICA receives $342M for delivery of second La Yesca turbine
Empresas ICA announced the delivery of the second turbine of the hydroelectric project La Yesca Ing. Alfredo Elías Ayub and receipt of the second payment that corresponds to fulfilling the second unit Provisional Acceptance, in accordance with the contract with the Federal Electricity Commission. As a result, ICA received the second scheduled payment of $342M. The aggregate amount received to date is $1.042B and was applied to pay project debt.
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