Energy Storage News•16 days ago
Metlen completes sale of 1.6GWh Chile solar-plus-storage portfolio to Glenfarne Group
Key Takeaway
The acquisition of a 1.6GWh solar-plus-storage portfolio in Chile demonstrates robust investor appetite and M&A activity for integrated renewable energy solutions, signaling a maturing market for reliable green power assets.
AI Summary
- •Glenfarne Group acquired a 1.6GWh solar PV and co-located BESS portfolio in Chile from Metlen Energy & Metals.
- •The transaction signifies continued strong investor confidence and M&A activity in integrated renewable energy assets, particularly those combining solar generation with battery storage.
- •For developers, this highlights the growing value and market liquidity for large-scale, dispatchable renewable energy projects.
- •Large power consumers should note the increasing availability and investment in reliable, grid-integrated renewable energy solutions, potentially leading to more stable and competitive PPA options.
- •The deal underscores the global trend of consolidating and expanding renewable energy portfolios with integrated storage to enhance grid stability and energy independence.
Topics
financingm&asolarstorage