Two solar projects in Peru gain investors

Conduit Capital Partners LLC, a private equity investment firm focused on energy infrastructure investment and development in Latin America and the Caribbean, and CAF, development bank of Latin America, announced that they have invested in the Tacna and Panamericana solar projects in southern Peru, and that the Tacna project has entered into operation.

Construction continues on the Panamericana project. Together the projects total 40 MW. Solarpack and Gestamp Solar, Spanish multinational companies that develop and construct solar photovoltaic (PV) generation plants, remain as partners.

Conduit and CAF together acquired 81 percent of the projects, which have a total project cost of approximately $210 million. The projects use solar PV technology and will sell energy through 20-year power purchase agreements to the Peruvian system.

Read more Latin America solar news

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Overcoming ICS Management Challenges

Customers confirm they save 80% of their time identifying, analyzing, and reporting ICS cybersecu...

Securing Industrial Control Systems: The Basics

Since isolation seems to be impossible for control system environments, how do companies protect ...

Case Study: Create a Sustainable NERC CIP Compliance Program

With over 100 endpoints, a large US generation and transmission utility was spending 2-3 hours co...