Grupo Gloria has been granted permission to conduct feasibility studies for the 'Parque Eólico Don Jorge V', a significant wind farm project aimed at enhancing renewable energy production in northern Peru.

Target Information

Grupo Gloria, a prominent Peruvian conglomerate, has recently received approval to initiate feasibility studies for a wind farm project called 'Parque Eólico Don Jorge V' in northern Peru. This project is a significant addition to their portfolio, which aims for considerable expansion through both acquisitions and large-scale development initiatives, leading into 2026.

Under a ministerial resolution published in the official daily El Peruano, the Ministry of Energy and Mines (Minem) granted a temporary concession to Illapu Energy, a subsidiary of Grupo Gloria. The studies will assess the project's estimated installed capacity of 64.8 megawatts (MW) over a two-year period, concluding on December 5, 2027.

Industry Overview

The renewable energy sector in Peru is experiencing rapid growth, driven by government initiatives to diversify energy sources and promote sustainabili