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Zelestra Completes USD 1.1 Billion Sale of Latin America Renewable Platform to Promigas
Zelestra has announced that completion of the USD 1.1 billion sale of its Latin America platform to Promigas, transferring a 3,500 MW renewable energy portfolio across Chile, Peru and Colombia.
June 02, 2026. By Mrinmoy Dey
Zelestra, a global multi-technology renewable energy company, has announced the completion of the sale of its Latin America platform to Promigas, a multi-energy holding company based in Colombia. The transaction, valued at USD 1.1 billion, was originally announced in December 2025.
As part of the deal, Promigas has acquired Zelestra’s operations in Chile, Peru and Colombia. The portfolio includes approximately 3,500 MW of renewable energy projects in operation, under construction and in development.
Commenting on the development, Leo Moreno, Zelestra's CEO, said, “With the sale complete, we have taken a major step in our strategic transformation into a customer-centric, multi-technology leader focused on Europe and the US, where we see the greatest opportunity to help our clients achieve their energy goals, especially in the data center segment where we see exponential growth in the coming years and where we continue to have a leadership position. Our Latin American teams have built a remarkable legacy, and we are confident they will continue to build on it under their new owners.”
The company further added that Zelestra’s EPC division will continue to offer services in Peru and Chile, including the delivery of the Babilonia solar project, currently under construction in Arequipa (Peru).
As part of the deal, Promigas has acquired Zelestra’s operations in Chile, Peru and Colombia. The portfolio includes approximately 3,500 MW of renewable energy projects in operation, under construction and in development.
Commenting on the development, Leo Moreno, Zelestra's CEO, said, “With the sale complete, we have taken a major step in our strategic transformation into a customer-centric, multi-technology leader focused on Europe and the US, where we see the greatest opportunity to help our clients achieve their energy goals, especially in the data center segment where we see exponential growth in the coming years and where we continue to have a leadership position. Our Latin American teams have built a remarkable legacy, and we are confident they will continue to build on it under their new owners.”
The company further added that Zelestra’s EPC division will continue to offer services in Peru and Chile, including the delivery of the Babilonia solar project, currently under construction in Arequipa (Peru).
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