Patria Investments sells stake in Colombia's largest solar energy park to ISAGEN
Type: Sale · Technology: Solar · Country: Colombia · Announced: 2026-09-24
Patria Investments, a global alternative asset manager, sold its Infrastructure Fund V's stake in Puerta de Oro, Colombia's largest solar energy park, to ISAGEN, the country's largest pure-play renewable platform. The transaction, which closed on September 24, 2026, divested the stake held since the Fund's investment in 2024. Located in the municipalities of Chaguaní and Guaduas in Cundinamarca, the project includes more than 511,000 solar modules across approximately 530 hectares and is expected to generate 728 gigawatt-hours of clean energy annually. Puerta de Oro secured over COP 1 trillion ($250 million) in project financing from Bancolombia, FDN, and Grupo Aval, alongside concessional financing from the Climate Investment Funds and the Inter-American Development Bank.
Analysis
Patria Investments sold its Infrastructure Fund V stake in the Puerta de Oro solar energy park to ISAGEN, with the transaction closing on September 24, 2026. ISAGEN operates 27 generation plants with more than 3,140 MW of 100% renewable capacity across water, wind and solar assets in Colombia. Patria Investments, a global alternative asset manager, had held the stake since its 2024 investment in the project. Puerta de Oro comprises over 511,000 solar modules on approximately 530 hectares and is projected to generate 728 GWh of clean energy annually. The project secured financing exceeding COP 1 trillion (about $250 million) from Bancolombia, FDN, Grupo Aval and concessional funding from the Climate Investment Funds and the Inter‑American Development Bank.
Key points
- Transaction closed on September 24, 2026
- Patria Investments sold its Infrastructure Fund V stake in Puerta de Oro
- ISAGEN operates 27 plants with >3,140 MW renewable capacity
- Puerta de Oro includes >511,000 solar modules on ~530 ha
- Project financing >COP 1 trillion ($250 million) from Bancolombia, FDN, Grupo Aval, Climate Investment Funds and IADB
Counterparties
- Patria Investments (Seller)
- Isagen (Buyer)
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