$400mn Wind M&A: Does Colbun's Latest Deal in Chile Signify a Strategic Shift from Greenfield Development to Inorganic Expansion?

published on 02 July 2024
$400mn-Wind-M&A-vs9bw

Strategic Deviation: Colbun S.A has made a significant shift from its usual strategy of originating and developing assets. With its latest acquisition of 240 MW of onshore wind farms in Chile for $401mn, this transaction marks the company’s first acquisition since 2019.

Ambitious Growth Plan: This acquisition is a cornerstone of Colbún’s ambitious plan to double its renewable capacity from 3.8 GW to 7.8 GW by 2030. The company has committed $4bn to achieve this transformative goal.

Opportunistic Investment: By seizing this market opportunity, Colbún is positioning itself strategically. The seller recently filed for voluntary prepackaged Chapter 11 in the US and entered into a definitive restructuring agreement with its creditors.

The above analysis is proprietary to Enerdatics’ energy analytics team, based on the current understanding of the available data. The information is subject to change and should not be taken to constitute professional advice or a recommendation.

Click to know more about Enerdatics' Renewable Energy M&A, Finance, PPA, and Projects databases.

Read more