Norway's Statkraft acquires solar and wind projects in Peru

Statkraft, which has not disclosed the amount of the transactions, states that these acquisitions allow it to diversify its generation matrix in Peru, where it already operates hydroelectric plants, and now has an installed capacity of 1,080 MW in the country. The company is currently completing the studies and permits for the two projects, whose construction is expected to begin between 2024 and 2025.



"Both projects are among the most competitive in the market and have good ground conditions for the construction stage, nearby interconnection points and easy land and sea access," the company notes in a statement.

Statkraft currently operates nine hydropower plants in Peru, in the regions of Lima (Cahua and Cheves plants), Junín (La Oroya, Malpaso, Pachachaca and Yaupi), Cajamarca (Gallito Ciego), Ancash (Pariac) and Arequipa (Arcata).

"With this acquisition, Statkraft Peru could double its electricity potential once these projects come into operation, through 100% renewable, non-conventional energy, in regions of the country with the best conditions for wind and solar projects," said Juan Antonio Rozas, country manager of Statkraft Peru.