NextEnergy Capital's solar fund buys 45.3 MW Guanaco II solar portfolio

NextPower III ESG (NPIII ESG), NextEnergy Capital’s international institutional solar fund, has acquired Portfolio Guanaco II in Chile, adding a further 45.3 MWp generation capacity to NPIII ESG. It brings NPIII ESG’s portfolio to 21 plants for an installed capacity of 485 MWp.

The acquisition of Portfolio Guanaco II covers 5 separate projects located in the Central and North regions of Chile. The combined generation capacity of these projects adds up to 45.3 MWp, with the portfolio benefiting from 100% regulated revenues, with the energy sold covered by the stabilized price scheme PMGD regime.

The portfolio was developed by a leading Spanish developer which has a global pipeline of more than 6 GW in various stages of development in the European market.