Celsia seeks investors for Peru solar-wind portfolio worth billions plan

Sep 12, 2025 03:04 PM ET
  • Colombia’s Celsia is courting investors for a USD 1.2-billion portfolio of wind and solar projects planned in Peru.

Colombian power company Celsia is advancing plans to bring investors into a Peruvian pipeline of wind and solar projects with a total planned investment north of USD 1.2 billion. The company outlined the effort today, positioning the portfolio to tap global appetite for hybrid and renewable assets in a country looking to diversify beyond hydro and gas.

Peru’s solar resource and existing transmission corridors—particularly in the south—offer promising fundamentals, but execution hinges on interconnection studies, land access, and sequencing with grid upgrades. Celsia’s investor push suggests a platform approach: standardizing designs, reserving long-lead equipment across multiple sites, and bundling projects to achieve financing scale.

For offtakers, a mix of auctions and corporate PPAs can stabilize revenues, while selective co-location with batteries helps match output to evening peaks and reduce curtailment risk. For communities, properly structured projects can deliver construction jobs and long-term municipal income, especially when paired with biodiversity and water-management plans that reflect local needs.

If the investor round lands on schedule, the portfolio could move swiftly toward notice-to-proceed dates—adding much-needed clean capacity to Peru’s grid as demand rises and climate variability stresses legacy generation.