Glenfarne Group and Partners Group Announce EnfraGen Awarded LatAm Power Deal of the Year

Transaction included a US$1.76 Billion Debt Raise Comprising a US$710 Million Bond Offering and US$1.05 Billion Bank Debt Package

NEW YORK – January 19, 2021: EnfraGen, LLC (“EnfraGen” or the “Company”) and its joint owners, Glenfarne Group, LLC and Partners Group, acting on behalf of its clients, announced today that its recently completed refinancing transaction has been awarded the “LatAm Power Deal of the Year” by Project Finance International (“PFI”). PFI cited the deal as “the largest and most impressive debt deal this year in the power space in Latin America” and also said, “The size and complexity of this deal, the various geographies, and the two markets of execution made this the region’s best.”

“This award is a tribute to the talented team that worked countless hours to make this refinancing a success,” said Brendan Duval, EnfraGen CEO and Founder and Managing Partner of Glenfarne Group. “This transaction has created substantial financial flexibility for the EnfraGen business so that we can continue pursuing the significant market opportunities in front of us and advancing the energy transition process.”

Ed Diffendal, Managing Director, Private Infrastructure Americas, Partners Group and EnfraGen Board Member added, “Partners Group is extremely proud of this significant achievement and congratulates everyone involved in the transaction on this award. We look forward to furthering the growth and transformation of the EnfraGen business on behalf of all its stakeholders through our continued active partnership with Glenfarne and the EnfraGen management team.”

On December 10, EnfraGen Energía Sur, S.A.U., Prime Energía SpA, and EnfraGen Spain, S.A.U., (the “Issuers”) announced the pricing of their US$710 million 5.375% senior secured notes due 2030 (the “Notes”) to be issued on December 17, 2020 pursuant to a Rule 144A/Regulation S transaction. The Issuers are indirect subsidiaries of EnfraGen, a developer, owner, and operator of grid stability and renewable energy infrastructure businesses in Latin America. The primary use of proceeds from the Notes, combined with a pari passu US$1.05 billion bank debt package for a total of US$1.76 Billion, will be to refinance EnfraGen’s existing debt portfolio and to fund EnfraGen’s additional growth.

Disclaimer: This is not an offer of securities for sale in the United States. The Notes have not been and will not be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.

About EnfraGen, LLC
EnfraGen is a developer, owner, and operator of grid stability and value-added renewable energy infrastructure businesses across Latin American investment-grade countries. EnfraGen’s grid stability assets supply flexible capacity and energy to local and regional grids in support of renewable power plant intermittent energy production. EnfraGen’s renewable plants are smaller scale, distributed solar photovoltaic and hydroelectric assets that take advantage of unique access points to electrical infrastructure or are located in optimized geographical locations. The business’ mission is to support the transition to zero-carbon emission electric grids.

EnfraGen is jointly controlled by Glenfarne Group, LLC and global private markets investment manager Partners Group, on behalf of its clients, and has operational and in-construction assets across its subsidiaries totaling over 1.4 GW of installed capacity. The company, including its affiliates and subsidiaries, is supported by a team of approximately 275 professionals. EnfraGen maintains offices and assets in Chile, Panama, Colombia, and the United States.

About Glenfarne Group, LLC
Glenfarne is a privately held energy and infrastructure development and management firm based in New York City and Houston, Texas with offices in Panama City, Panama; Santiago, Chile and Bogota, Colombia. Glenfarne’s seasoned executives, asset managers and operators develop, acquire, manage and operate energy and infrastructure assets throughout North and South America and Asia. For more information, please visit

About Partners Group
Partners Group is a leading global private markets investment manager. Since 1996, the firm has invested over USD 135 billion in private equity, private real estate, private debt and private infrastructure on behalf of its clients globally. Partners Group is a committed, responsible investor and aims to create broad stakeholder impact through its active ownership and development of growing businesses, attractive real estate and essential infrastructure. With over USD 96 billion in assets under management as of 30 June 2020, Partners Group serves a broad range of institutional investors, sovereign wealth funds, family offices and private individuals globally. The firm employs more than 1,500 diverse professionals across 20 offices worldwide and has regional headquarters in Baar-Zug, Switzerland; Denver, USA; and Singapore. It has been listed on the SIX Swiss Exchange since 2006 (symbol: PGHN). For more information, please visit or follow us on LinkedIn or Twitter.

Kris Cole
(310) 652-1411