French energy group GDF-Suez SA (GSZ.FR) said Friday its chief executive will confirm his company's plan to invest $600 million over four years in Peru when he meets that country's president Alan García Pérez later Friday.

This decision stems from GDF Suez's successful participation last April in a long-term energy auction, where it was awarded a total of 662 mega watts, representing a global revenue stream of around $1.9 billion.

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