GIP has strategically enhanced its partnership with AES Andes, acquiring an additional 49% stake in a 693 MW renewable energy portfolio in Chile. This $ 441mn acquisition propels the GIP-AES Andes collaboration to over 1.4 GW in total capacity. 💰 Deal Breakdown: AES Andes will initially receive $ 333mn, with the remainder contingent on predefined conditions. This follows a similar $ 441mn deal..
Energy Central