Glenfarne to acquire four solar assets with battery storage facilities in Chile [Yahoo! Finance]
GE Vernova Inc. (GEV)
Company Research
Source: Yahoo! Finance
The acquisition, which involves a subsidiary of Glenfarne, encompasses 588MW of operational solar capacity and 1.61 gigawatt-hours (GWh) of BESS facilities, equivalent to 321MW, currently under construction. The assets, purchased from Metlen Energy & Metals, will increase Glenfarne's capacity to more than 3.1GW, including battery storage across Latin America. Glenfarne CEO and founder Brendan Duval said: “This acquisition further diversifies Glenfarne's renewable energy portfolio and includes our first foray into both utility-scale solar and battery storage facilities. We will continue to look for strategic opportunities to grow our Chile business that are aligned with the company's mission to realise the world's energy transition.” The transaction is contingent on regulatory approvals, financing conditions and customary adjustments, with the BESS expected to become operational by early 2026. Legal firms Paul Hastings, White & Case and Claro & Cia provided advisory services f
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GEV
Earnings
- 10/23/25 - Miss
GEV
Sec Filings
- 12/22/25 - Form 3
- 12/2/25 - Form 4
- GEV's page on the SEC website