- Published: 03 December 2019 03 December 2019
Invenergy has announced that it has executed a strategic partnership agreement with Empresas Publicas de Medellin (EPM), a Colombian public electric utility, to develop, build, and operate wind and solar energy projects in Colombia.
The partnership is expected to result in nearly 500MW of new renewable projects in Colombia by 2025. Invenergy will leverage its expertise in engineering, finance, construction, and operations & maintenance, and EPM will provide power purchase agreements (PPAs) and development support under mutual exclusivity during the partnership. Growing its Latin American presence, Invenergy has opened an office in Medellin and is expanding its team in Colombia. Invenergy operates two projects in Uruguay—La Jacinta Solar Farm (64MW) and Campo Palomas Wind Farm (70MW)—and has over 800MW of projects under construction and in development across wind, solar, storage, and natural gas in Mexico. Invenergy is also developing the 375MW Energía del Pacifico project in El Salvador.