EnfraGen and its joint venture owners, on behalf of its clients, have announced that its 188 MW acquisition of renewable power from Celsia was awarded the Acquisition Deal of the Year for the Americas by Project Finance International.
“This award is a tribute to the EnfraGen team’s incredible determination, talent and expertise,” says EnfraGen’s Bryan Murphy. “EnfraGen’s financial flexibility and diverse portfolio of renewable assets position us as a leader in improving grid stability and advancing the energy transition across Latin America.”
The acquisition from Celsia included six renewable operating assets across Costa Rica and Panama, including wind and solar facilities. The acquisition also incorporates the first wind and first Costa Rica asset into the company’s portfolio.
Together with the acquisition, EnfraGen refinanced $1.06 billion of existing bank facilities with a group of eight global banks, including JP Morgan, Scotiabank, BNP Paribas, Intesa Sanpaolo, Mizuho, MUFG, SMBC and Societe Generale.