Through a strategic alliance with Consultores Asociados de Ingeniería, S.A., a local firm with an experience of over 25 years in the design, engineering and quality control of hydroelectrical projects, AVANCE now offers valuation and financial inspection services for the hydroelectrical industry. We recently completed the valuation of RP490 (Hidro Piedra), an operating hydroelectrical run-of-river facility with a generating capacity of 14 MW, located at the convergence of Rio Piedra and Rio Macho de Monte, district of Bugaba, province of Chiriqui. The long-term financing is being granted by Global Bank. Additionally, we will serve as independent consultants for the construction progress inspection of La Cuchilla, a proposed hydroelectrical facility to be built at Rio Macho de Monte, downstream of RP490. This proposed facility will add another 8 MW to the national energy generating capacity. Our commitment is always to add value to our clients. Through this new strategic alliance, we are confident that AVANCE will earn an increasing share in the execution of this kind of projects, which are of particular relevance to the development of our country.