Terpel ventures into energy generation as part of its commitment to the energy transition

• The company acquired a photovoltaic solar plant with a capacity of 26.6 MW with the aim of continuing to advance its commitment to decarbonization.
• With this acquisition, Terpel joins the solar energy generation segment, complementing its portfolio of products and services and providing renewable energy to Colombia's energy matrix.

As part of its commitment to a cleaner and more sustainable future, the Terpel Organization takes a significant step to support the energy transition by entering the business of non-polluting renewable energy generation. This commitment is materialized with the acquisition of a solar plant, marking the beginning of a new phase in the diversification of its portfolio and reinforcing the company's commitment to environmental sustainability and long-term value generation.

This plant, with a capacity of 26.6 MW, has the potential to generate approximately 45,000 MWh per year, equivalent to the energy supply for more than 23,000 homes, according to average consumption estimates by UPME.

“As a Country Ally, the acquisition of this solar plant reflects the strength and leadership of the company in Colombia and also its growth in other segments such as energy, beyond self-generation. By supporting photovoltaic solar generation projects, we continue to drive the transition towards cleaner, more sustainable, and accessible energy sources for all, actively contributing to the development of the country and the well-being of communities,” commented Juan Daniel Rueda, manager of New Mobility at Terpel.

The negotiation and purchase were made from the developers MPC Energy Solutions Latin America Holdings, S.L. and Akuo Energy Colombia S.A.S.

With this incorporation, Terpel, in addition to expanding its revenue portfolio, strengthens its presence in the market and advances its strategic plan through sustainable solutions that contribute to decarbonization and drive the energy transition in the country.

The company is committed to implementing a responsible, innovative business model aligned with the environmental challenges of the present and the future.