The Ministry of Mines and Energy of Peru has approved the concession of the 260 MW Punta Lomitas wind farm to French renewable energy developer Engie.
Engie plans to develop the wind farm in the district of Ocucaje in the province of Ica. It is estimated to require up to US$323 million of investment.
Commissioning of the project operation is expected to be achieved after 39 months of construction works.
Country updates
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November 23, 2020
Ardian, Solarpack closes refinancing of three Peruvian solar projects
Ardian and Solarpack have secured a total non-recourse, fully-amortizing debt of US$212.6 million and non-recourse debt service reserve letters of credit of US$12.5 million for the refinancing of the...
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September 17, 2020
ProInversion launches tender for concession of two transmission projects in Madre de Dios and Piura
Peru’s PPP agency Agencia de Promocion de la Inversion Privada (ProInversion) has launched a tender for the concession of two transmission projects, Transmission Line 138 kV Puerto Maldonado - I...
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September 04, 2020
ISA finalizes acquisition of Orazul Energy Perú S.A
ISA Group has purchased 100% of Orazul Energy Perú S.A.'s shares from I Squared Capital. Orazul Energy Group owns ETENORTE and ETESELVA, which operate six transmission lines covering 746 km of...
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June 09, 2020
Polaris Infrastructure closes US$27mn debt financing
Polaris Infrastructure Inc., a Toronto-based company engaged in the operation, acquisition, and development of renewable energy projects in Latin America, has closed on a US$27 million loan financing...
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May 11, 2020
Sempra Energy finalizes sale of 83.6% stake in Luz del Sur
Sempra Energy has completed the sale of its Peruvian businesses, generating approximately US$3.59 billion in total cash proceeds, subject to post-closing adjustments. The sale to China Yangtze Power I...
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