The Spanish renewable energy giant Acciona Energía has finalized an agreement to sell its San Juan de Marcona wind farm in Peru to Luz del Sur, a leading Peruvian energy company. The deal, valued at up to $253 million, is pending regulatory approvals and customary financial adjustments. The 135.7 MW wind farm, located in the Ica region, has been operational since late 2023 and operates without debt, making it a significant asset in Peru's renewable energy landscape.

San Juan de Marcona is one of Peru's largest wind energy projects, contributing to the country's shift toward a more sustainable energy matrix. The facility's sale underscores Acciona Energía's strategy of selective asset rotation, aimed at optimizing its investment portfolio and freeing up capital for future renewable energy ventures. "This transaction allows us to reinvest in new projects while maintaining our leadership in the global green energy sector," said a spokesperson for Acciona Energía.

For Luz del Sur, the acquisition marks a strategic expansion into wind energy, complementing its existing renewable portfolio. The company emphasized its commitment to supporting Peru's energy transition and enhancing its presence in the southern region. "This wind farm aligns with our vision to diversify our energy sources and contribute to a cleaner future," stated a Luz del Sur executive.

The transaction is subject to approval by Peru's National Institute for the Defense of Competition and Protection of Intellectual Property (INDECOPI), with both parties aiming to close the deal by the end of 2025. The sale reflects broader trends in the renewable energy sector, where asset rotations and strategic acquisitions are becoming increasingly common as companies seek to balance growth with financial stability.