DIF Capital Partners has acquired 100% ownership of the 117MW Peralta I/II onshore wind projects from Enercon GmbH in Uruguay, leveraging a long-term power purchase agreement with UTE to ensure stable returns.

Information on the Target

DIF Capital Partners, through its DIF Infrastructure Fund VI, has successfully acquired 100% ownership of the 117MW Peralta I/II onshore wind projects operated by Enercon GmbH in Uruguay. This project features 50 ENERCON E-92 turbines, each with a capacity of 2.35MW, and has been operational since October 2015. The wind farm is secured by a 20-year power purchase agreement with UTE, Uruguay's state-owned utility, for up to 100MW of electricity.

The acquisition ensures ongoing maintenance by ENERCON through a long-term agreement, while asset management services will be provided by SEG-Heliotec. This marks DIF's second acquisition of an Enercon project in Uruguay, following the acquisition of the 50MW Cerro Grande project in 2019.

Industry Overview in Uruguay

Uruguay has emerged as a leader in renewable energy, particularly in wind power, making significant strides in its energy diversification strategy. The country has seen a rapid increase in electricity generation from wind farms,