Deals Counterparts

Peru grants definitive concession for 323 MW Ruta del Sol solar plant to RDS Solar

Development Solar announced Peru Mar 6, 2026
USD318M
Deal Value
323 MW
Capacity
development
Stage
Ruta del Sol
Project

The Ministry of Energy and Mines of Peru granted a definitive concession to RDS Solar S.A.C. for the construction and operation of the 323 MW Ruta del Sol solar plant in Moquegua, with an estimated investment of $318 million.

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Deal Analysis

The definitive concession for the 323 MW Ruta del Sol solar plant in Moquegua, Peru, provides RDS Solar S.A.C. with the critical regulatory certainty needed to advance this $318 million development. Granted by the Ministry of Energy and Mines of Peru, this approval for construction and operation, announced on 2026-03-06, de-risks the project's path towards financial close and subsequent power generation. The concession structure offers long-term operational stability for the developer, an essential factor for attracting further capital into Moquegua's energy infrastructure. Peru's Ministry of Energy and Mines, through this action, demonstrates continued governmental backing for large-scale solar initiatives, aiming to diversify the national energy matrix. The 323 MW capacity of Ruta del Sol positions it as a substantial addition to Peru's renewable energy capacity. Orygen, as the parent company of RDS Solar S.A.C., secures a substantial 323 MW solar development in an emerging market, extending its portfolio beyond its stated focus on European core and core-plus infrastructure assets. This project allows Orygen to diversify its geographic presence, moving into Latin American energy transition assets. Actis, a global investment firm focused on sustainable infrastructure and emerging markets, is a natural partner or investor in this $318 million project, given its track record of developing infrastructure assets in regions like Peru. The Ministry of Energy and Mines of Peru, by granting this definitive concession, actively implements national energy policy, directly enabling the development of $318 million in new renewable capacity within Moquegua. This commitment from MINEM establishes a clear regulatory precedent for other developers eyeing large-scale energy projects in Peru.
  • Peru's Ministry of Energy and Mines granted a definitive concession for the 323 MW Ruta del Sol solar plant.
  • The project, located in Moquegua, Peru, has an estimated investment of $318 million.
  • RDS Solar S.A.C. is the developer, with Orygen as its Madrid-based parent company.
  • Actis, a global investment firm, focuses on sustainable infrastructure in emerging markets.
  • The concession was announced on 2026-03-06.

Source Intelligence

KEY DETAILS

The project has an approximate peak power of 404 MWp in direct current. It will install 739,872 monocrystalline photovoltaic modules of 545 W each, mounted on single-axis solar tracking structures, and use 72 central inverters. The plant will occupy an area of approximately 930 hectares and connect to the National Interconnected Electrical System via a 500/33 kV booster substation and a 500 kV transmission line between the Ruta del Sol substation and the Tambo sectioning substation, approximately 17.55 kilometers long. The authorization was formalized by Ministerial Resolution N.º 082-2026-MINEM/DM. Actis acquired Enel's generation assets in Peru in 2024, creating Orygen to manage the energy portfolio. The Ruta del Sol project is part of Orygen's solar initiatives in southern Peru. Quotes: - "El proyecto contempla una potencia pico aproximada de 404 MWp en corriente continua." - "El diseño prevé la instalación de 739.872 módulos fotovoltaicos monocristalinos de 545 W cada uno, montados sobre estructuras de seguimiento solar de un eje." - "La central utilizará 72 inversores centrales conectados a un sistema de media tensión de 33 kV." - "La central ocupará una superficie cercana a 930 hectáreas e incluirá el campo fotovoltaico, estaciones de conversión eléctrica, caminos internos, sistemas de control y otras instalaciones auxiliares." - "La autorización fue formalizada mediante la Resolución Ministerial N.º 082-2026-MINEM/DM" - "La central se conectará al Sistema Eléctrico Interconectado Nacional mediante una subestación elevadora de 500/33 kV y una línea de transmisión en 500 kV entre la subestación Ruta del Sol y la subestación seccionadora Tambo, con una longitud aproximada de 17,55 kilómetros." - "Los activos de generación de Enel en Perú fueron adquiridos posteriormente por el fondo de inversión Actis en 2024 , que creó la empresa Orygen para gestionar el portafolio energético en el país." - "El proyecto Ruta del Sol forma parte de la cartera de iniciativas solares que la compañía mantiene en desarrollo en el sur peruano."

Deal Size
La inversión prevista para el desarrollo de la planta se estima en aproximadamente 318 millones de dólares.
Capacity
un proyecto fotovoltaico de 323 MW de potencia en corriente alterna
Location
la central solar Ruta del Sol de 323 MW en Moquegua
Announcement
marzo 6, 2026
PARTIES MENTIONED IN SOURCE
M
Ministerio de Energía y Minas de Perú grantor

"El Ministerio de Energía y Minas de Perú otorgó la concesión definitiva para la construcción y operación de la central solar Ruta del Sol"

R
RDS Solar S.A.C. developer

"que habilita a la empresa RDS Solar S.A.C. a construir y operar la instalación y su infraestructura eléctrica asociada."

E
Enel Green Power Perú original developer

"El expediente ambiental del proyecto fue presentado inicialmente por Enel Green Power Perú"

A
Actis investor

"empresa controlada por el fondo Actis."

O
Orygen owner/developer

"hoy forma parte del portafolio de Orygen, empresa controlada por el fondo Actis."

high quality Enriched Mar 9, 2026

Timeline

Announced
Mar 6, 2026
Signed
Closed

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