Grenergy Sells Solar and Wind Projects in Peru
The transactions contribute to financing Grenergy's ambitious strategic plan
February 1, 2024
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Grenergy, an independent solar and wind power producer, announced the sale of 97 MW of solar assets located in the department of Arequipa in Peru to Yinson Renewables, the renewables unit of the multinational energy infrastructure company Yinson, and 77 MW of wind assets in Peru to ENGIE Energía Perú. The combined value of the transactions amounts to $150 million, which could rise to $154 million depending on meeting certain operational milestones.
