CVC DIF, the infrastructure business of global private markets manager CVC, has acquired the Gabriela project, a utility-scale hybrid solar photovoltaic (PV) and battery energy storage (BESS) project in northern Chile, from Grenergy, a Spanish multinational clean-energy producer.
The transaction, first announced in September 2025, was structured to reach completion after the project reached its commercial operation date. As the solar-plus-storage facility has achieved this milestone, Gabriela joins CVC DIF’s global portfolio.
The completed project comprises 272 megawatts of installed solar capacity and 1,100 megawatt-hours of battery storage, and is backed by a signed 15-year, USD-denominated, inflation-indexed hybrid power purchase agreement. It also benefits from Chile’s supportive regulatory framework for storage investments.
“The completion of Gabriela marks an important step for CVC DIF in Chile,” said Caine Bouwmeester, partner and head of renewabl
