CVC DIF has announced that it has agreed to acquire the Gabriela project, a utility-scale hybrid PV-BESS energy project located in Northern Chile, from Grenergy, a Spanish multinational clean energy producer.
The Gabriela project includes 272 MW of solar PV capacity and 1,100 MWh of battery energy storage, currently under construction. It is supported by a 15-year, USD-denominated, inflation-indexed hybrid power purchase agreement. The asset transfer is scheduled post-Commercial Operation Date in the first half of 2026, pending the fulfillment of standard transaction conditions.
CVC DIF is advised by BNP Paribas (financial advisor), Cuatrecasas (legal advisor), KPMG (tax advisor), Valgesta (commercial advisor), DNV (technical advisor) and Marsh (insurance advisor).
Country updates
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