Ardian Acquires Peru-based Hydropower Company

December 18, 2023

Ardian, through its Ardian Clean Energy Evergreen Fund (ACEEF), has acquired 100% of a Peru-based hydropower company from funds managed by BTG Pactual, Patria Investments and GMR Holding B.V. The acquired portfolio comprises six run-of-river hydroelectric plants with total capacity of 73.4 MW and government-awarded, US dollar–denominated contracts; the deal adds technological diversification and strengthens ACEEF's renewable energy presence in Latin America.

Buyers
Ardian (Ardian Clean Energy Evergreen Fund)
Targets
Peru-based hydropower company (portfolio of six run-of-river hydroelectric plants)
Sellers
Funds managed by BTG Pactual, Patria Investments, GMR Holding B.V.
Industry
Renewable Energy
Location
Peru
Transaction Type
Buyout

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