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Orazul Energy racks up $100 million

  • Region:

    Peru, Ecuador, Chile, Argentina

  • Sector:

    Energy

  • Deal Size:

    $100 million

  • Buy Side Company:

    IFC Asset Management Company
  • Sell Side Company:

    Orazul Energy Partners LLC
  • Target Company:

Orazul Energy Partners LLC, an affiliate of Orazul Energy Holdings, a Latin American energy platform owned by I Squared Capital, has raised $100 million in funding. The investors were IFC, a member of the World Bank Group and the IFC Global Infrastructure Fund, which is managed by the IFC Asset Management Company. IFC and GIF have invested in assets in Argentina, Chile, Ecuador, and Peru with over 1,600 megawatts of installed capacity from hydropower and thermal generation, 730 kilometers of transmission lines, and natural gas processing facilities. Most of the energy output is from hydropower resources, with the balance from thermal resources. Orazul’s strong capabilities are expected to help incorporate more renewable power projects into the region to balance electric system loads and ensure continuous, reliable sources of electricity.

Tags:

PE Deals,Orazul Energy Partners LLC,Orazul Energy Holdings,I Squared Capital,IFC,IFC Global Infrastructure Fund,Private Equity Funding,Private Equity Deals