Actis divests Orygen to Grupo Romero

Core Insights - Actis has completed the sale of Orygen, a major power generation company in Peru, to Grupo Romero, enhancing Grupo Romero's energy portfolio [1] - Orygen is recognized as Peru's second-largest power generation platform with a total installed capacity of 2.3GW, which includes diverse energy sources such as wind, solar, hydroelectric, and thermal gas [1] Company Developments - Under Actis' ownership since 2024, Orygen has established itself as a leader in renewable energy in Peru, following strategic acquisitions including Enel's stake in Enel Generación Perú and full ownership of Compañía Energética Veracruz [2] - Significant developments during Actis' ownership include the completion of the Wayra 2 wind farm (177MW) and the initiation of construction for the Wayra Solar project (100MW-peak) [2] Financial Performance - Orygen secured over 1.7 terawatt-hours of renewable energy from third-party developers in the past year, which has increased its attractiveness to commercial and industrial clients [3] - A notable financial achievement was the issuance of a $1.2 billion (4.13 billion new sol) investment-grade bond in September 2024, marking the largest single-tranche Peruvian private corporate bond sale at that time [3] Strategic Initiatives - The bond issuance improved Orygen's financial structure and showcased investor confidence in its strategic direction and asset quality [4] - Actis has focused on digital transformation, strategic repositioning, commercial enhancement, and capital structure optimization to solidify Orygen's status in the national energy sector, facilitating an accelerated exit strategy [4] Investment Insights - Actis' managing director highlighted that Orygen represented a prime opportunity for sourcing high-quality businesses and applying operational and financial expertise to enhance value [5] - Since its inception, Actis has invested $11 billion in the global energy sector and currently manages $8.5 billion in energy assets [5] Global Operations - The company has built, operated, or contracted approximately 42GW of capacity worldwide and has successfully exited over 50 investments across real assets [6] - In December 2025, Mubadala Investment Company partnered with Actis, committing around €300 million ($351.25 million) to support Rezolv Energy, an independent renewables platform in central and eastern Europe [6]