Operational Hydropower Plant – LatAm (39.5 MW)

A confidential opportunity to invest in a fully operational run-of-river hydropower plant located in Latin America, with an installed capacity of 39.5 MW and more than 30 years of remaining concession term. The asset operates under a regulated regime with long-term offtake contracts ensuring stable, predictable cash flows and priority dispatch into the national grid.

The project has demonstrated consistent operational and financial performance, maintaining an EBITDA margin above 60%, supported by a robust technical team and proven hydrological conditions. It represents a de-risked, income-generating renewable asset with strong fundamentals and upside potential through planned efficiency and storage optimization.

Investment Highlights

Operational and cash-flow positive: Fully functional asset with stable generation and established O&M practices.

Strong financial performance: Average annual EBITDA of approximately USD 8.3 million, with revenues near USD 13 million and net margins around 29%.

Long-term contracts: Regulated offtake agreements with secure monthly payments and inflation-linked adjustments.

Expansion potential: The planned storage upgrade will increase water retention capacity almost tenfold, improving plant factor, generation consistency, and overall output.

Corporate support: Backed by a regional energy group with an experienced management team and more than 500 MW of renewable projects in its pipeline.

Strategic location: Access to a stable regulatory framework and established interconnection to the regional transmission network.

Transaction Overview
The company seeks to refinance existing debt and fund optimization works, enhancing efficiency and strengthening long-term returns. The transaction is structured as a combination of:

Senior debt (approx. 80%), with tenor aligned to cash-flow generation.

Preferred equity (approx. 20%), offering attractive yield with minority governance rights.

The investment provides an opportunity to participate in a mature renewable asset with strong downside protection and predictable yield, within a region demonstrating robust demand growth and supportive policy frameworks for clean energy investments.

Financial Overview (USD)

Installed Capacity: 39.5 MW

Annual EBITDA: ~8.3 million

EBITDA Margin: ~64%

Annual Revenue: ~13 million

DSCR: 1.27x

Net Margin: ~29%

Concession Remaining: 30+ years

Investment Rationale
This transaction offers a solid opportunity for institutional investors seeking long-term exposure to renewable infrastructure in Latin America. The asset combines operational maturity, secure cash flows, and clear avenues for performance optimization. Its proven operating record, coupled with favorable hydrology and contractual stability, make it a resilient addition to any renewable energy portfolio.

Further details, financial models, and supporting documentation will be made available upon execution of a Non-Disclosure Agreement (NDA).