ACCIONA Secures $220 Million for Power Transmission in Peru

ACCIONA has successfully closed two new financing lines worth $220 million to support the construction of power transmission lines in Peru. These projects aim to strengthen electricity supply quality and integrate renewable energy into the national grid.

Financing Breakdown

🔹 $165 Million Syndicated Loan (Banco Santander & Caixabank)

• Scope: 386 km of transmission lines
• Infrastructure: 6 new substations, expansion of 6 existing substations
• Regions Impacted: Arequipa & Ica
• Objective: Improve grid reliability and support 10GW of renewable energy development

🔹 $55 Million Green Loan (BBVA)

• Projects Covered: Reque-Nueva Carhuaquero, Ica-Poroma, Cáclic-Jaén Norte
• Purpose: Enhance transmission between Cajamarca and the Peruvian coast, ensuring quality and efficiency

These loans add to the $145 million financing agreement signed earlier with IFC (World Bank) & FMO (Dutch development bank) for Peru’s renewable energy integration.

Expanding ACCIONA’s Footprint in Peru

Since 1998, ACCIONA has played a crucial role in Peru’s infrastructure development, with projects including:
✔ Daniel Alcides Carrión Hospital
✔ Lima’s Jorge Chávez Airport Control Tower
✔ Lima Peripheral Ring Road (PPP)

In renewable energy, ACCIONA Energía launched its first Peruvian project in 2022, the 131.1MW San Juan de Marcona wind farm (Ica Department).

Additionally, acciona.org, the company’s corporate foundation, has been active in Peru since 2009, delivering:
✅ Renewable electricity to 50,000+ remote, low-income residents
✅ Water & sanitation projects in Chincha Baja (Ica Department)

Driving Peru’s Green Transition

With this latest financing, ACCIONA reinforces its commitment to Peru’s decarbonization goals, ensuring a reliable, clean energy future while fostering economic growth.