Guatemala’s San Patricio Solar Project Sold to Invesa Solar II

A significant development is underway in Guatemala’s renewable energy landscape. The San Patricio Solar Project has been sold by its developer, MPC, to Invesa Solar II, a subsidiary of Ampiria Energy. This transaction marks a key step in the project’s lifecycle and signals strategic shifts for the companies involved.

The Details of the Guatemala solar project Deal

The acquisition by Invesa Solar II represents a notable investment in Central America’s clean energy infrastructure. According to a report from BNamericas, the finalization of the sale is contingent on the solar plant becoming fully operational.

The deal is anticipated to close in the upcoming quarter, immediately following the commissioning of the San Patricio facility. While specific financial details of the transaction have not been publicly disclosed, the sale underscores the growing value of renewable energy assets in the region.

A Strategic Divestment for MPC and the Guatemala solar project

This sale is part of a broader strategic re-evaluation by MPC regarding its portfolio in Latin America. The company has indicated that it is considering the divestment of its remaining power assets in the region. The successful sale of the San Patricio project could set a precedent for future transactions as MPC looks to realign its strategic focus.

For Invesa Solar II and its parent company, Ampiria Energy, this acquisition strengthens their foothold in the regional energy market, adding a new, utility-scale solar project to their portfolio once it enters service.

What’s Next for San Patricio Guatemala solar project?

All eyes are now on the final stages of development for the San Patricio Solar Project. The plant’s successful entry into service is the final milestone before the ownership officially transfers to Invesa Solar II.

This transition highlights the dynamic nature of the renewable energy sector, where projects are developed and later acquired by long-term operators. The successful commissioning and subsequent operation of the plant will contribute to Guatemala’s clean energy goals and enhance the stability of its power grid. We will continue to monitor this development as the project moves toward operation and the sale is finalized.