Renewables equity fund Windin Capital has completed the acquisition of an operational wind farm and two wind projects in Chile, totalling 104MW.
The projects, in the regions of Biobio and la Araucania, are the 32.4MW La Flor, the 37.8MW Vergara and the 33.6MW Cancura.
La Flor wind farm has been in operation since October 2019 and consists of nine 3.6MW Vestas turbines.
Vergara and Cancura are under development and are expected to start construction towards the end of 2022.
Law firm Perez-Llorca’s team in Madrid was the advisor in this transaction.
Windin Capital has also opened a strategic office in Barcelona, Spain, with a dedicated development team on the ground to further develop six renewable energy projects with a total capacity of more than 300 MW in Spain, as well as future operations and investments in Europe and Latin America.
Windin Capital managing partner Nadav Saad said: “we are excited to expand our international presence.
“Investing in these new promising renewable energy assets brings us closer to our core objective of having a positive global impact.
“At the same time, opening our new office in Spain provides a solid foundation for future projects and represents a big step towards our goal of driving change for a greener economy.”
Windin Capital addresses a diversified range of investment opportunities in renewable technology, including wind, solar and storage.