Climate Fund Managers and Erco Energía Sell 26.4MWp Pétalo Solar Plant in Colombia to Organización Terpel
Climate Fund Managers and Erco Energía have signed an agreement to sell 100% of the Pétalo del Norte de Santander I solar plant in Colombia to Organización Terpel S.A., subject to regulatory approval. The 26.4 MWp solar PV facility in La Esperanza, Norte de Santander, has been operational since August 2025 and generates over 45 GWh of clean energy annually. The transaction marks Climate Fund Managers' first exit in Latin America.
Transaction date: · Source: climatefundmanagers.com
Key facts
- Transaction date
- Technology
- Solar PV
- Capacity
- 26.4 MW
- Transaction price
- Not disclosed
- Seller
- Climate Fund Managers and Erco Energía
- Country
- Colombia
- Region
- Norte de Santander
- Location
- La Esperanza, Norte de Santander, Colombia
- Continent
- South America
- Development status
- Operational
- PPA
- n.a.
Technology details
26.4 MWp solar PV facility, generating more than 45 GWh of clean energy annually. Plant began dispatching electricity in August 2025. Developed by Erco Energía and Climate Fund Managers.
Additional information
Transaction represents Climate Fund Managers' first exit in Latin America. Climate Fund Managers invested approximately USD 18 million in development and construction capital through Climate Investor One, its EU-supported renewable energy infrastructure fund. Climate Fund Managers will continue investing in the region through Project Pradera.
Source
Original announcement: https://climatefundmanagers.com/2026/02/26/climate-fund-managers-and-erco-energia-sign-agreement-to-sell-petalo-del-norte-de-santander-i-to-organizacion-terpel/