EnfraGen LLC (“EnfraGen”), owner and operator of assets specializing in renewable energy and grid stability in Latin America, owned by Glenfarne Energy Transition, LLC (“Glenfarne”), a global leader in energy transition that offers critical solutions to reduce carbon footprint of the world, and the leading company in global private markets, Partners Group, has recently acquired five operating renewable energy assets in Panama and one in Costa Rica, with a combined capacity of 188 MW.

This significant step includes three hydroelectric plants, two solar photovoltaic plants and a wind power plant in Costa Rica. This strategic acquisition positions EnfraGen as one of the main producers of renewable energy in Panama, with a total operational capacity of 168 MW.

Brendan Duval, CEO of EnfraGen, shared his enthusiasm: “this acquisition reinforces our investment commitment in Panama and the region. “Panama is a key market in our strategic vision, and we are dedicated to promoting innovation and sustainable growth in the country.”

In addition to these new assets, EnfraGen has owned three hydroelectric plants in Panama since 2018 in the province of Chiriquí, with a capacity of 30 MW.

“Panama represents an essential market for us, highlighted by its efficient economy and effective market regulation, coupled with a firm commitment to the energy transition. Our objective is to consolidate ourselves in the short term as leaders in investment, development and management of energy and infrastructure assets in the country,” said Duval.

In a move that reinforces its presence in Latin America, EnfraGen has established its regional headquarters in Panama City. “By opening our regional offices here, we reaffirm our commitment to an energy transition in the region, promoting a more stable electrical system that allows the growth of renewable energies,” commented Duval.

EnfraGen has an operational capacity of more than 2.1 GW throughout Central and South America including Chile, Panama, Colombia and the United States.

For his part, James Pontiff, CEO of EnfraGen Central America, added: “running EnfraGen in Panama is both a significant challenge and an exciting opportunity. Our unique position allows us to contribute significantly to Panama’s energy landscape, focusing on innovation, efficiency and supporting the energy transition that allows for a more sustainable future.”

EnfraGen has ambitions to make additional investments in Panama in the next 12 months, including the construction of new solar plants.

About EnfraGen

EnfraGen is a developer, owner and operator of renewable energy infrastructure and grid stability businesses throughout Latin America. EnfraGen’s grid stability assets provide flexible capacity and power to local and regional networks in support of intermittent power production from renewable energy plants. EnfraGen’s renewable plants are smaller scale, distributed across solar PV and hydroelectric assets that leverage unique access points to electrical infrastructure or are located in optimized geographic locations. The company’s mission is to support the transition to zero-carbon electricity grids. EnfraGen is jointly controlled by Glenfarne Energy Transition, LLC, and global private markets investment manager Partners Group, on behalf of its clients, and has operating and under construction assets through its subsidiaries totaling more than 2.1 GW of installed capacity upon completion of its most recent acquisition. The company, including its affiliates and subsidiaries, has the support of a team of almost 400 professionals. EnfraGen maintains offices and assets in Chile, Panama, Colombia and the United States. For more information, please visit www.EnfraGen.com.

About Glenfarne Energy Transition

Glenfarne Energy Transition is a wholly owned subsidiary of Glenfarne Group, a privately held energy and infrastructure development and management firm headquartered in New York City and Houston, Texas, with offices in Dallas, Texas; Panama City, Panama; Santiago, Chile; Bogota Colombia; Barcelona, ​​Spain; and Seoul, South Korea. Glenfarne Energy Transition seeks to address the global energy transition “here and now” through three core businesses: Global LNG Solutions, Renewables and Grid Stability. The company’s highly experienced executive team, asset managers and operators develop , acquire, manage and operate energy infrastructure assets throughout North and South America. For more information, please visit www.GlenfarneEnergyTransition.com.

About Partners Group

Partners Group is a leading global private markets firm. Since 1996, the firm has invested $200 billion in private equity, private real estate, private debt and private infrastructure on behalf of its clients globally. Partners Group seeks to generate superior returns by capitalizing on thematic growth trends and transforming attractive businesses and assets into market leaders. The firm is a committed and responsible investor and seeks to create sustainable returns with a lasting positive impact for all its stakeholders. With $142 billion in assets under management as of June 30, 2023, Partners Group offers an innovative range of customized solutions to institutional investors, sovereign wealth funds, family offices and private individuals globally. The firm employs more than 1,800 diverse professionals in 20 offices worldwide and has regional headquarters in Baar-Zug, Switzerland; Denver, USA; and Singapore. It has been listed on the Swiss SIX Stock Exchange since 2006 (symbol: PGHN). For more information, please visit www.partnersgroup.com or follow us on LinkedIn or Twitter.

For more information, visit our website www.EnfraGen.com