Aguaytia Energy is an integrated natural gas and electric power business based and operating in Peru. Once this transaction is concluded, Maple’s economic interest in Aguaytia Energy will increase to an approximate 17.4%.

Jack Hanks, chairman and executive director of Maple, said: We are pleased to have this opportunity to increase our economic interest in Aguaytia Energy. Aguaytia Energy is an important component of our strategy to develop Maple Energy as an integrated energy supplier to the Peruvian market.