Solarpack and Ardian have chosen to dissolve their joint venture, allowing each partner to retain 100% ownership of their respective portfolios of solar plants.
Solarpack, a Spain-based renewable energy company, and Ardian, a world-leading private investment house, have closed a transaction to maximize the potential of their respective renewable energy assets.
As a result of the transaction, Solarpack now owns 100% of Panamericana, a 21.2 MW solar PV plant in southern Peru, and 100% of Moquegua, a 19.4 MW solar PV plant in southern Peru. On the other hand, Ardian now owns 100% of a portfolio of three plants located in northern Chile, totaling 26.5 MW, and 100% of Tacna, a 22.2 MW solar PV plant in southern Peru.
This streamlined approach aligns with the strategic vision of both companies to achieve greater efficiency and improved operational performance.