Energy / Claudio Tabilo / Máximo Martín / Sofía Lazcano /
Peruvian Energy Law changes may boost renewables: key bankability considerations for upcoming financings
Peru may be headed towards a more fulsome renewables market in 2025, bolstered by recent changes in energy laws intended to level the playing field for wind and solar. In view of upcoming activity, we have prepared a list of key bankability topics for project sponsors, investors and lenders in relation to typical structuring issues and challenges for renewables projects.
2024 was a pivotal year for renewables in Peru. The country’s first-ever project finance deals for solar parks with non-subsidized PPAs were successfully closed. Furthermore, in December significant regulatory changes intended to boost the renewables market were approved by Congress. This may trigger a renewables surge in 2025, including both project and corporate financings.
