DC-EIG
EIG, an institutional investor to the global energy sector and one of the world’s leading infrastructure investors, today launched Grupo Cerro, a new renewable energy platform in Chile. The newly formed entity includes EIG-owned Cerro Dominador plants and the recently acquired ANPAC, the owner of a portfolio of 11 small and medium run-of-river hydroelectric power plants in the O’Higgins, El Maule, Bio Bio and La Araucania regions. The 110 MW ANPAC portfolio includes operating plants and projects at various stages of construction and development in both the spot and stabilized-tariff markets.
Following the acquisition, Grupo Cerro now manages over 280 MW of installed capacity in Chile, including the Cerro Dominador Photovoltaic (PV) and Concentrated Solar Power (CSP) plants. The group’s portfolio also includes several projects in advanced phases of construction and development, including the Likana Solar complex, one of the largest CSP projects in the world with a capacity of 690 MW, Pampa Union, a 600 MW PV power plant, as well as more than 40 MW of run-of-river hydroelectric power plants.
R. Blair Thomas, EIG’s Chairman and CEO, said, “The transaction is expected to provide portfolio synergies, create operating efficiencies and enhance technological and geographic diversification for Grupo Cerro. After the completion and synchronization of the ground-breaking Cerro Dominador solar power plant in 2021, the first CSP project in Latin America, this transaction marks another significant milestone in our strategy to invest in high-quality assets, best-in-class teams and energy infrastructure supporting the energy transition in Chile.”
Fernando Gonzalez, CEO of Grupo Cerro, said, “This transaction advances our commitment to Chile’s growth. These plants, combined with our Likana Solar and Pampa Union projects now under development, will help diversify our renewable energy portfolio geographically to be able to further secure low-cost renewable energy production for the Chilean market and continue supplying clean power throughout the country 24 hours a day.”
About EIG
EIG is a leading institutional investor to the global energy sector with $25.0 billion under management as of March 31, 2022. EIG specializes in private investments in energy and energy-related infrastructure on a global basis. During its 40-year history, EIG has committed over $40.0 billion to the energy sector through more than 380 projects or companies in 38 countries on six continents. EIG’s clients include many of the leading pension plans, insurance companies, endowments, foundations and sovereign wealth funds in the U.S., Asia and Europe. EIG is headquartered in Washington, D.C. with offices in Houston, London, Sydney, Rio de Janeiro, Hong Kong and Seoul. For additional information, please visit EIG’s website at www.eigpartners.com .
About Grupo Cerro
Grupo Cerro is a newly formed renewable energy company which aims to build a sustainable future by providing the Chilean system and customers clean, manageable power 24 hours a day. The company manages a portfolio of more than 280 MW of operating projects throughout Chile and a 1.3 GW development pipeline.
View source version on businesswire.com: https://www.businesswire.com/news/home/20220629005646/en/
About Business Wire
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Marsh McLennan and Its Businesses Will Brand as Marsh14.10.2025 13:15:00 CEST | Press release
Company creates Business and Client Services unit to accelerate client impact Marsh McLennan (NYSE: MMC) today announced that it will change its brand to Marsh effective January 2026, and it has created a new unit, Business and Client Services (BCS), to accelerate innovation and centralize investments in operational excellence, data, AI and analytics. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251013772875/en/ Marsh McLennan and its businesses will brand as Marsh. The new Marsh brand comes to life with a new logo – a bold design that represents the unique perspectives the Company offers. “In an increasingly complex environment, clients are seeking advice, solutions and insights that draw on expertise from across our firm,” said John Doyle, President and CEO of Marsh McLennan. “The changes we announce today reflect the way we continue to bring our Company together to better help our clients overcome challenges and find op
SS&C Technologies Completes Acquisition of Calastone14.10.2025 13:00:00 CEST | Press release
SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced it has completed its acquisition of Calastone from global investment firm Carlyle. Calastone is the largest global funds network and leading provider of technology solutions to the wealth and asset management industries. The purchase price is approximately £766 million (approximately US $1.03 billion), subject to certain adjustments. SS&C funded the purchase with a combination of debt and cash. As part of the transaction, SS&C upsized its Term Loan B facility by $1,050 million, which has an interest rate of SOFR+200 and matures in 2031. The transaction is expected to be accretive over the next 12 months. Effective immediately, Calastone’s team of 250 employees will join SS&C Global Investor & Distribution Solutions. They will report to General Manager Nick Wright. Calastone has an extensive global network, with offices in London, Luxembourg, Hong Kong, Taipei, Singapore, New York and Sydney. Calastone’s technology solution
Symrise and Aplantex Confirm an Agreement to Establish a Partnership14.10.2025 12:00:00 CEST | Press release
Symrise AG ("Symrise") and Aplantex Bio ("Aplantex") agree on a partnership covering new technologies for accessing plant-based molecules as raw material once the molecules of interest have been developed and produced by Aplantex. "We are intrigued by the potential of Aplantex’s innovative green biotechnology process to help us in securing potential access to hard-to-source plant-based molecules in the context of the significant impacts of climate change," underlines Dr. Jakob Ley, director of Biobased Ingredients Research at Symrise. Aplantex has been, since 2024, diligently involved in the research & development work to produce the initial molecule of interest requested by Symrise. "Having already validated our process with the production of Apigenin, Orientin, Vitexin, and Luteolin, four molecules recognized for their antioxidant, anti-inflammatory, antimicrobial, and anti-aging properties, we were able to reach several milestones of Symrise’s validation protocol in record time. We
Europe’s Tech Services Market Slows in Q3, Despite Strong AI-Driven Cloud Demand: ISG Index™14.10.2025 10:00:00 CEST | Press release
Combined market up 5% in Q2, driven by 41% growth in cloud servicesManaged services slumps 25%, as companies remain cautious in the face of macro challenges Europe’s market for technology services and software slowed in the third quarter despite continuing strong demand for AI, according to the latest state-of-the-industry report from Information Services Group (ISG) (Nasdaq: III), a global AI-centered technology research and advisory firm. The EMEA ISG Index™, which measures commercial outsourcing contracts with annual contract value (ACV) of US $5 million or more, shows third-quarter ACV for the combined market (both managed services and cloud-based as-a-service) rose 5 percent, to US $9.7 billion. Although the market has grown for seven consecutive quarters, averaging 14 percent quarterly growth during that span, the rate of growth in the third quarter was the lowest since the second quarter last year. “The market in Europe continues to be buoyed by strong, double-digit growth in cl
euNetworks Delivers New Fully Diverse Long Haul Network Route, Enabling Two Short Paths Connecting Frankfurt to Marseille and Milan14.10.2025 10:00:00 CEST | Press release
The shorter routes from Frankfurt to Marseille and Milan significantly reduce network latency for customers requiring diverse connectivity. The network enhances route diversity in the region, delivering new fibre routing for companies entering Europe via Marseille. euNetworks Group Limited (“euNetworks”), a European critical bandwidth infrastructure company, has today announced the completion of a new long haul fibre network route between Frankfurt and Zurich. This new network enables two short diverse paths between the many submarine cable landings along the Mediterranean coast, and the major data centre market of Frankfurt. The new route completes one of two fully diverse euNetworks long haul routes, with the option to either go via Milan and Zurich or via Marseille, Lyon and Geneva. euNetworks undertook this network investment to increase diversity options for its customers, enabling them to avoid points of failure where routes converge and cross, or otherwise take a long detour via
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom