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Transactions - APRIL 14, 2021

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DIF Capital Partners acquires 117MW onshore wind project in Uruguay

by Kali Persall

DIF Capital Partners has acquired the 117-megawatt Peralta I/II onshore wind project in Uruguay from Enercon.

The project has been operational since October 2015 and has a 20-year, 100-megawatt power-purchase agreement in place with UTE, Uruguay’s state-owned utility.

Enercon will continue to maintain the wind farm under a long-term agreement, and SEG-Heliotec will continue to deliver asset management services.

According to DIF, this is the second Uruguayan Enercon project that the company has acquired, following the acquisition of the 50-megawatt Cerro Grande project in 2019.

“We are very pleased to have acquired our second renewable energy project in South America, which is the result of our strong relationship with Enercon,” said Christopher Mansfield, partner and head of renewable energy at DIF. “We believe this investment is attractive for DIF’s investors due to the long-term project agreements that provide a high degree of predictability o

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