Actis creates Peruvian IPP seeking 12GW of energy capacity

Facebook
Twitter
LinkedIn
Reddit
Email
Solarpack has closed financing on a 300MW solar PV plant in Peru
The Peruvian market has been attractive of late. Image: Solarpack.

Renewable energy infrastructure investor Actis has launched a new independent power producer (IPP) company in Peru, seeking to develop 12GW of energy projects.

The launch of the new company, called Orygen, follows Actis’ acquisition of Enel Generación Perú – the Peruvian subsidiary of Italian utility Enel – last month. The acquisition included a 2.2GW portfolio of distributed energy generation capacity, which will form the basis of Orygen’s operations.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

Actis said the company has a further 12GW project development pipeline across solar, wind, hydroelectric and thermal gas assets. 

The company did not say when it plans to have developed these projects.

Actis now operates three energy generation platforms across Latin America, including Serena Energy and Valia Energia.

The investor has appointed Enel’s head of Colombia and Peru, Marco Fragale, as CEO of Orygen.

Fragale said: “Energy is the source of everything. Orygen was created with the purpose of bringing sustainable, reliable and competitive energy to the industries that drive the Peruvian economy. We have a broad energy portfolio, operate the largest set of solar and wind assets in Peru, and manage a robust pipeline of renewable projects of more than 12GW.”

Nicolas Escallon, partner, energy infrastructure at Actis, said: ““Orygen has bold plans to further build out what is already a market-leading renewables portfolio to provide a highly competitive and sustainable offering to commercial and industrial customers in Peru.”

Market experts have said that Peru’s potential in solar and renewable energy generation is “flying under the radar”, as the country has a lot to offer for green hydrogen and ammonia exports. Dylan Rudney, CEO at solar developer Verano Energy told PV Tech Premium about the market’s potential.

The sector is currently poised to benefit from the ‘largest’ PV project in Peru to date, the 300MW San Martin solar project from Spanish developer Solarpack.

Read Next

September 17, 2025
Spanish renewables developer and operator Acciona Energía has commissioned its 412MWp Juna solar PV plant in Kawani village in the western state of Rajasthan. 
September 17, 2025
Nexamp has secured US$350 million through a long-term financing facility to expand its 6GW utility-scale solar and battery storage pipeline in the US. 
September 17, 2025
QatarEnergy has signed an EPC agreement with Samsung C&T for its 2GW Dukhan project. 
September 16, 2025
Sunotec has launched Sunotec Nordic to spearhead solar and hybrid renewable project development across the Nordic region.
September 16, 2025
IB Solar is investing INR30 billion (US$340 million) in a 4GW TOPCon solar cell and module manufacturing plant in Jewar, Uttar Pradesh.
September 15, 2025
Sunrun has priced a securitisation of leases and power purchase agreements, taking its non-recourse debt capital raised in Q3 above US$1.5 billion. 

Subscribe to Newsletter

Upcoming Events

Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK
Solar Media Events
October 2, 2025
London,UK
Solar Media Events
October 7, 2025
Manila, Philippines
Solar Media Events
October 7, 2025
San Francisco Bay Area, USA