Grupo Romero, through InfraCorp, its infrastructure investment platform, announced the closing of the acquisition of 100% of the shares of Samay I SA (“Samay”), owner and operator of the Puerto Bravo Thermal Power Plant, a thermoelectric plant with an installed capacity of 724 MW that operates as a cold reserve for the Peruvian electrical system. The plant is located in the Mollendo district, south of Arequipa.
With this strategic acquisition, Grupo Romero marks a new milestone in its business trajectory by expanding and diversifying its investment portfolio by entering the energy sector and positioning itself as a key player in the power generation industry in Peru. The asset will become an integral part of Grupo Romero’s new infrastructure investment platform, InfraCorp, which focuses on managing and developing its infrastructure portfolio in Latin America.
“We look forward to working closely with the Samay team and the local community to ensure a smooth transition and explore opportunities for further expansion and development in the sector,” added Louis-Jean Chartier, CEO of InfraCorp.
Samay was acquired from Inkia Energy, a leading Latin American energy company controlled by I Squared Capital, a leading infraestructure fund.
The acquisition of the Samay thermoelectric plant by the Romero Group represents a strategic move in the Peruvian energy sector, strengthening its presence and capacity in the supply of energy and supporting the economic growth of the country.