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Fountain Hydro Power Corp.

The Bajo Frio Hydroelectric Project was developed through Fountain Hydro Power Corp, (formerly known as Fountain Intertrade Corp.) a company incorporated in Panama as a Public Limited Company on April 2, 2007, initiating its development activities in 2009.

The capital stock of Fountain (FHPC) is owned by Agua Imara Pte. Ltd. (50.1%) and Panama Hydroelectric Ventures S.A. (49.9%), companies that are ultimately owned by the SN Power Group of Norway and the Credicorp Group of Panama, respectively.

Bajo Frío Hydroelectric Complex is a 58 MW (mega-watt) run-of-river power plant located in the lower Chiriquí Viejo River in western Panama, near the Costa Rican border in the community of Portón,  .

Bajo Frio began energy deliveries under commercial contract on July 1, 2015.

The project consists of a 3 km long reservoir covering an area of ​​56 hectares starting not far from the upper Baitun basin, followed by a dam 45 meters high and 450 meters wide, a first Machine Room to the foot of the dam and a second Machine Room at the end of a canal of 2km long. The estimated hydrological data are based on a time series from 1970 to 2017. The design flow is 100 m3 / s, the net height is 62.4m with 6 Kaplan turbines of 9.3 MW and a Francis turbine of 2, 1 MW for the Eco Flow, reaching a total installed capacity of 58 MW and an average production of 234 GWh per year.

Bajo Frio evacuates its energy through its own Portón substation and connects to a privately-owned transmission line, for supply to the national network at the Progreso substation. Bajo Frio maintains at all times an Ecological Flow of 5.6 m 3 by seconds or higher.

Generation and transmission are coordinated by the National Dispatch Center in Panama (CND) and Empresa de Transmisión Eléctrica (ETESA).