Colbun acquired Fenix Power Peru, which has a combined cycle power plant of 570 MW in the Chilca district, south of Lima, for $786m. "This operation is a very important milestone for Colbún and allows us to improve the diversification of the company in terms of revenue sources, generation technologies and markets," said Thomas Keller, general manager of Colbún, who emphasized that "the Peruvian electricity sector Operates under a robust and well-established regulatory framework. "