December 5, 2025Zelestra signs an agreement to sell the Latin American platform to Promigas S.A.

Latin America
Zelestra signs an agreement to sell the Latin American platform to Promigas S.A.

Zelestra’s Latin American platform includes 1.4 GW of contracted solar power and battery energy storage capacity, of which 1.0 GW corresponds to projects that are operating or under construction, along with a pipeline of more than 2.1 GW of advanced-stage projects in Chile, Peru and Colombia. Zelestra continues its transformation into a leading multitechnology, customer-focused platform with a strategic focus on Europe and the United States.

December 5, 2025Peru speeds up energy reforms but faces a core barrier: “Without PPAs, no project is bankable”

Peru
Peru speeds up energy reforms but faces a core barrier: “Without PPAs, no project is bankable”

At the Future Energy Summit Southern Cone, energy lawyer Brendan Oviedo warned that despite recent regulatory advances, Peru’s renewable-energy pipeline cannot secure financing without firm power purchase agreements (PPAs). With over 20 GW of solar and wind in early studies, the country still lacks mature offtakers and long-term contracting habits.

December 5, 2025New electricity rules in Mexico steer private investment toward grid reliability

Mexico
New electricity rules in Mexico steer private investment toward grid reliability

Generation permits will now prioritize projects that enhance the operational balance, reliability and systemic efficiency of the National Electric System (SEN). Private generators are expected to strengthen Mexico’s grid and support the transition to renewable energy, while the new rules formally recognize the social and welfare impacts of productive energy investments.

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