Ardian Infrastructure today announced it has acquired an 81% stake in four Solarpack solar PV plants in South America. Three of the plants are in the north of Chile and one is in the south of Peru.
Solarpack will continue to handle the plants’ operations, maintenance and day-to-day asset management to maximize the financial return of the assets. The plants have a combined installed capacity of 46 MW, with the three plants in Chile totaling 26.5 MW and the plant in Peru boasting 19.4 MW.
For Ardian, this transaction follows recent investments in greenfield wind projects in Norway and Sweden, which took place in January and June 2016, respectively. The company is a major player in the renewable energy sector, with 1GW of installed capacity across wind, solar, hydraulic, biogas and biomass.
For Solarpack, the transaction provides extra liquidity to build new projects and further demonstrates its capacity to develop PV plants that are attractive to leading investors such as Ardian. Solarpack is planning to build 125 MW of new PV plants in the next six months.
