Wedoany.com Report-Jun 29, Acciona Energía has reached an agreement to sell its 135.7MW San Juan de Marcona wind farm, located in the Ica region of Peru, to energy company Luz del Sur for up to $253 million. The wind farm, one of Peru’s largest renewable energy facilities, began commercial operations in late 2023.

The transaction, which is debt-free, requires approval from Peru’s competition authority, INDECOPI, and is expected to be finalized before the end of 2025. This sale aligns with Acciona Energía’s strategy to rotate assets, enabling the company to unlock value while maintaining a strong financial position.

The San Juan de Marcona wind farm has been a significant contributor to Peru’s renewable energy landscape, supporting the country’s transition to cleaner energy sources. The sale to Luz del Sur, a prominent energy provider in Peru, ensures the continued operation of this key asset while allowing Acciona Energía to focus on expanding its global renewable energy portfolio.

Acciona Energía emphasized that the divestment is part of its long-term plan to enhance its international presence in the renewable energy sector. By strategically managing its assets, the company aims to support sustainable growth and invest in new opportunities worldwide. The transaction reflects Acciona Energía’s commitment to balancing financial stability with its ambition to develop renewable energy projects globally.

Luz del Sur, the acquiring company, strengthens its position in Peru’s energy market through this acquisition. The addition of the San Juan de Marcona wind farm enhances its renewable energy offerings, supporting Peru’s goals for sustainable development and increased clean energy adoption. The deal is poised to contribute to the region’s energy security and environmental objectives.

This agreement highlights the growing emphasis on renewable energy in Peru, where projects like the San Juan de Marcona wind farm play a vital role in meeting rising electricity demands with sustainable solutions. Acciona Energía’s asset rotation strategy positions it to pursue further renewable energy initiatives, while Luz del Sur’s acquisition reinforces its commitment to expanding clean energy infrastructure in the Ica region and beyond.