SUSI Partners to buy over 200 MW of distributed renewables in Chile

Solar cells. Author: Steve Rainwater. License: Creative Commons: Attribution-ShareAlike 2.0 Generic

October 26 (Renewables Now) - Swiss asset manager SUSI Partners AG announced on Tuesday it has agreed to buy a portfolio of distributed solar and wind projects in Chile with a combined capacity exceeding 200 MW.

SUSI Partners is acquiring the assets on behalf of its Energy Transition Fund (SETF) from developer BIWO Renovables and its commercial partner Latsolar Energy Investments. The value of the deal was not given.

The projects being acquired are in the late stages of development and are expected to enter into construction early next year. They qualify for Chile’s PMGD price stabilisation regime for distributed resources.

The agreed transaction represents the first investment by SUSI Partners in a Latin American market, it noted.

The two parties will also commit to a long-term partnership for the development of renewable energy projects.

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Ivan is the mergers and acquisitions expert in Renewables Now with a passion for big deals and ambitious capacity plans.

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