Acciona Energy sells San Juan de Marcona wind farm to Luz del Sur

The Acciona Energía group has made official the sale of the San Juan de Marcona wind farm, located in the region of Ica, Peru, to the company Luz del Sur S.A.A., for 256 million dollars. With an installed capacity of 135.7 megawatts, this plant is one of the main clean generation projects in the country.

This transfer follows the approval of the relevant regulatory authorities, including the National Institute for the Defense of Competition and Protection of Intellectual Property (INDECOPI). The sale is part of Acciona Energía’s global strategy, focused on asset rotation in order to optimize its renewable energy portfolio. renewable energy portfolio and strengthen its international financial position.

Luz del Sur consolidates its presence with San Juan de Marcona

With this acquisition, Luz del Sur significantly expands its share in the renewable generation market. The company, which already operated in electricity distribution, strengthens its portfolio in the wind power segment by incorporating one of the most modern and productive wind farms in Peru.

The San Juan de Marcona wind farm began commercial operations at the end of 2023 and represents a key infrastructure for the energy transition in Peru, due to its strategic location and its contribution to sustainable energy supply in the region.

Regional expansion and asset valuation

Acciona Energía has been executing a selective divestment plan on a global scale. In recent months, it has closed agreements for the sale of renewable energy renewable facilities in countries such as the United States, Mexico, South Africa and Costa Rica in countries such as the United States, Mexico, South Africa and Costa Rica, reaching a combined value of nearly of close to 3.2 billion euros.. This operation in Peru is in line with this strategy, allowing the company to channel resources towards new developments and technologies.

The closing of this transaction also reaffirms the attractiveness of Peruvian energy assets. Peruvian energy assets for large operators in the sector. The combination of favorable natural conditions, defined regulatory frameworks and growing electricity demand makes Peru a key focus for investment in renewable energy.

Outlook for the Peruvian market

This move between two relevant players in the sector marks another step in the consolidation of the regional electricity market. With the incorporation of new renewable capacities, Luz del Sur reinforces its commitment to clean generation, while Acciona Energía accelerates its asset rotation strategy and financing of new global projects.

Both companies have ambitious goals in terms of sustainability and operational efficiency. This agreement represents not only a capital transaction, but also a sign of the dynamism and maturity that the renewable ecosystem in Latin America is reaching.

Source and photo: Acciona Energía