Zelestra signs long-term PPA with Celepsa for 450 GWh/year from Babilonia solar project
Zelestra signed a long-term power purchase agreement in April 2025 with Celepsa, part of Grupo UNACEM, for the supply of approximately 450 GWh annually of renewable energy from its Babilonia solar project.
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Celepsa, a Peruvian power generator and part of the building materials giant Grupo UNACEM, secured a long-term PPA with Zelestra for 450 GWh annually from the Babilonia solar project. This agreement provides Celepsa with a substantial, consistent supply of renewable energy, aligning with its focus on clean power generation. For Zelestra, a clean energy solutions provider, this PPA provides stable, long-term revenue for its solar asset in Peru. The deal demonstrates a strategic commitment to renewable energy supply within a major industrial group's ecosystem.
- Annual renewable energy supply of 450 GWh from the Babilonia solar project.
- Celepsa, a power generation company, acts as the offtaker for this solar PPA.
- The PPA was signed in April 2025, indicating a forward-looking agreement.
- Grupo UNACEM, a leading Latin American building materials company, is the ultimate parent offtaker.
Timeline
Announced
Mar 5, 2026
Signed
Closed
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