CVC DIF Completes Acquisition of 272 MW Solar and 1,100 MWh BESS Gabriela Project in Northern Chile from Grenergy
CVC DIF has completed the acquisition of the Gabriela project, a 272 MW solar PV and 1,100 MWh BESS hybrid energy project in Northern Chile from Grenergy. The transaction, first announced in September 2025, closed upon the project reaching its Commercial Operation Date. The project is backed by a 15-year, USD-denominated, inflation-indexed hybrid PPA.
Transaction date: · Source: cvc.com
Key facts
- Transaction date
- Technology
- Solar PV, Battery Storage (BESS)
- Capacity
- 272 MW
- Transaction price
- Not disclosed
- Buyer
- CVC DIF
- Seller
- Grenergy
- Country
- Chile
- Region
- Northern Chile
- Location
- Northern Chile
- Continent
- South America
- Development status
- Operational
- PPA
- Yes
Technology details
272 MW of installed solar PV capacity combined with 1,100 MWh of battery energy storage. Utility-scale hybrid PV-BESS project. Transaction completed upon reaching Commercial Operation Date (COD). Backed by a 15-year, USD-denominated, inflation-indexed hybrid Power Purchase Agreement (PPA). Benefits from Chile's regulatory framework for storage investments.
Power purchase agreement (PPA)
15-year, USD-denominated, inflation-indexed hybrid Power Purchase Agreement (PPA).
Additional information
Transaction first announced in September 2025 and structured to complete upon the project reaching its COD. CVC DIF is the infrastructure business of CVC, a leading global private markets manager. The Gabriela project is CVC DIF's entry into Chile and part of its growing global renewable energy portfolio.
Source
Original announcement: https://www.cvc.com/media/news/2026/cvc-dif-completes-acquisition-of-gabriela-project/