Orygen begins operations with a 2.2GW diversified energy generation capacity, encompassing Peru’s largest renewable energy portfolio. The company aims to expand this leading renewable offering with a 12GW development portfolio. Currently, Orygen’s assets include four energy generation technologies: solar, wind, hydroelectric, and thermal gas.
Marco Fragale has been appointed Chief Executive Officer of Orygen. Fragale, an experienced energy executive, has held numerous roles with Enel across Latin America, including in Peru. He holds a degree in Mechanical Engineering from Politecnico di Milano, a master’s degree in Engineering from the Helsinki University of Technology, and an MBA from SDA Bocconi School of Management in Milan. With 25 years of experience, Fragale has been instrumental in advancing the energy transition.
Alberto Estefan, Partner, Energy Infrastructure at Actis, commented, “It’s an exciting time and with the launch of Orygen, a new story begins for the Peruvian energy market. Actis has great plans for this platform and is eager to mobilize capital behind the business plan. Under the skilled leadership of Marco, we’re confident that Orygen will play a critical role in Peru’s energy transition. I look forward to continuing the work to create a successful and valuable platform.”
Nicolas Escallon, Partner, Energy Infrastructure at Actis, added, “Orygen has bold plans to further expand what is already a market-leading renewables portfolio to provide a highly competitive and sustainable offering to commercial and industrial customers in Peru. This proven approach has been highly successful for several Actis platforms, and our investment in Orygen will significantly impact Peru by enhancing energy security and affordability while accelerating the country’s decarbonization.”
Marco Fragale, CEO of Orygen, stated, “Energy is the source of everything. It creates new business, growth, and prosperity. Orygen was established to provide sustainable, reliable, and competitive energy to the industries driving the Peruvian economy. We manage the largest set of solar and wind assets in Peru and a robust pipeline of renewable projects exceeding 12GW. We are committed to developing an ecosystem that protects the planet, improves quality of life, and offers competitive prices for all.”
Lima, Peru – Actis, a leading global investor in sustainable infrastructure, has announced the launch of Orygen, its latest energy platform operating as an independent power producer in Peru. This inauguration comes on the heels of Actis’ acquisition of a 92.35% stake in Enel Generación Perú S.A.A. and a 100% stake in Compania Energetica Veracruz last month.
Orygen begins operations with a 2.2GW diversified energy generation capacity, encompassing Peru’s largest renewable energy portfolio. The company aims to expand this leading renewable offering with a 12GW development portfolio. Currently, Orygen’s assets include four energy generation technologies: solar, wind, hydroelectric, and thermal gas.
Marco Fragale has been appointed Chief Executive Officer of Orygen. Fragale, an experienced energy executive, has held numerous roles with Enel across Latin America, including in Peru. He holds a degree in Mechanical Engineering from Politecnico di Milano, a master’s degree in Engineering from the Helsinki University of Technology, and an MBA from SDA Bocconi School of Management in Milan. With 25 years of experience, Fragale has been instrumental in advancing the energy transition.
Alberto Estefan, Partner, Energy Infrastructure at Actis, commented, “It’s an exciting time and with the launch of Orygen, a new story begins for the Peruvian energy market. Actis has great plans for this platform and is eager to mobilize capital behind the business plan. Under the skilled leadership of Marco, we’re confident that Orygen will play a critical role in Peru’s energy transition. I look forward to continuing the work to create a successful and valuable platform.”
Nicolas Escallon, Partner, Energy Infrastructure at Actis, added, “Orygen has bold plans to further expand what is already a market-leading renewables portfolio to provide a highly competitive and sustainable offering to commercial and industrial customers in Peru. This proven approach has been highly successful for several Actis platforms, and our investment in Orygen will significantly impact Peru by enhancing energy security and affordability while accelerating the country’s decarbonization.”
Marco Fragale, CEO of Orygen, stated, “Energy is the source of everything. It creates new business, growth, and prosperity. Orygen was established to provide sustainable, reliable, and competitive energy to the industries driving the Peruvian economy. We manage the largest set of solar and wind assets in Peru and a robust pipeline of renewable projects exceeding 12GW. We are committed to developing an ecosystem that protects the planet, improves quality of life, and offers competitive prices for all.”
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