Ardian, a global private investment firm, has announced that it has acquired two operating solar PV plants in Uruguay with a combined capacity of 76 megawatts peak, on behalf of the Ardian Clean Energy Evergreen Fund (ACEEF).
The investment marks ACEEF’s first entry into the Uruguayan renewable energy market, further expanding Ardian’s footprint in Latin America. Uruguay benefits from strong renewable fundamentals, including a well-established regulatory framework and a high degree of revenue visibility, providing a supportive environment for long-term investment. Ardian intends to build its presence in the market over time through further investment opportunities.
The portfolio will be managed by AGR-AM, Ardian’s renewable energy platform in Latin America and Spain, which will oversee asset management and operational optimization. The assets will also benefit from integration with OPTA, Ardian’s proprietary data analytics platform designed to optimize the mana