Cubico, Celsia to develop 400-MW PV portfolio in Colombia

Source: EBRD (www.ebrd.com)

October 9 (Renewables Now) - Cubico Sustainable Investments today announced it has joined forces with Colombian power company Celsia SA (CLB:CELSIA) to develop and operate up to 400 MW of solar projects in the Latin American country.

Expected to be developed over the next two years, this photovoltaic (PV) portfolio will represent the largest such platform in the country. It is also Cubico’s first project in the Colombian market.

Cubico will share its asset management expertise as part of the partnership, while Celsia will offer its local knowledge of the Colombian power sector.

Ricardo Diaz, Cubico's Head of Americas, commented that the new alliance will help the company grow further and create value in Colombia.

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Lucas is based in Brazil. He joined Renewables Now to expand coverage of the Ibero-American market, a highly attractive destination for green energy investment.

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