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About Prime Energia

Prime Energia, headquartered in Santiago, Chile, is a leading owner-operator of standby power plants. It focuses on Americas region investment grade countries, with an initial launch in the Andean Region (Chile, Peru, Colombia and Panama) and eventual expansion into the North American market. Prime Energia is a wholly owned subsidiary of Glenfarne Asset Company, a vehicle established by Glenfarne Group, to advance and oversee its various power and infrastructure businesses.

Prime Energia Headquarter Location

La Concepcion 141 Oficina 705, Providencia

Santiago,

Chile

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Latest Prime Energia News

Glenfarne Group and Partners Group Announce New EnfraGen and Prime Energia Chile Management Appointments

Sep 10, 2021

September 09, 2021 04:16 PM Eastern Daylight Time NEW YORK & SANTIAGO, Chile--( BUSINESS WIRE )--EnfraGen, LLC ("EnfraGen"), a developer, owner, and operator of specialized sustainable and renewable power and grid stability assets in Latin America owned by Glenfarne Group, LLC ("Glenfarne") and leading global private markets firm Partners Group, on behalf of its clients, is pleased to announce the growth and strengthening of its executive team for the Prime Energia Chile business. Mr. Rodrigo Cienfuegos Pinto, who currently serves as Chief Executive Officer, has been appointed to the new position of President, effective from September 15, 2021, with Mr. Jose Arosa replacing Mr. Cienfuegos as Chief Executive Officer while also serving in a dual role as EnfraGen’s Executive Vice President, Commercialization. Mr. Arosa will report to EnfraGen’s President, Bryan Murphy. Mr. Cienfuegos was Prime Energia Chile’s first employee in 2014 having played a leading role in Prime’s efforts to acquire, develop, build, and operate the grid stability plants that are vital to Chile’s power grid. Over the last seven years, Mr. Cienfuegos has overseen the dramatic growth of the Prime Energia Chile business from 0 megawatts to over 1000 megawatts including projects under development and construction. This intensive growth includes more than a dozen solar plants and nine grid stability plants. As President of Prime Energia Chile, Mr. Cienfuegos will serve as a senior advisor to the company’s leadership team. Mr. Cienfuegos said, “It has been an honor to serve as CEO of Prime Energia Chile working with Glenfarne, Partners Group, and the EnfraGen and Prime Energia Chile teams to start and grow a new business that has become a vital part of the Chile’s energy infrastructure. I am excited for Prime’s future and am glad to continue being part of the Prime Energia Chile team as the business grows.” Mr. Arosa joins EnfraGen from serving as President and CEO of AES Mexico where he oversaw the operating portfolio in Mexico for AES and was tasked with the growth strategy for EnerAB, a joint venture with Grupo BAL focused in developing clean energy projects. Mr. Arosa joined the AES Corporation in 2008 serving in various leadership roles in business development and mergers and acquisitions in several countries including in Chile. He also led the Mexican entry strategy for Inkia Energy as Country Manager for Mexico and was in charge of the development team for InterGen in the Americas. Mr. Arosa holds a BSc & MSc in Chemical Engineering from Universidad Alfonso X El Sabio and an MBA from the University of Virginia’s Darden School of Business. “I am honored to be joining EnfraGen and Prime Energia Chile during this exciting time of expansion and growth for the company,” said Arosa. “EnfraGen has quickly become a preeminent company in the Latin American energy infrastructure sector and a leader in furthering the energy transition through providing flexible capacity to support the grid where it operates and competitive energy through its renewables portfolio. I look forward to working with the talented EnfraGen and Prime Energia Chile teams to accomplishing our ambitious objectives.” EnfraGen President, Bryan Murphy said, “Rodrigo was at the forefront of critical thinking about energy transition in Chile and beyond and the innovative concept for grid stability plants in Chile, later paired with distributed renewable generation, came from him. Prime Energia would not exist today in its current form if it wasn’t for Rodrigo, and we are grateful for his dedication and effort to build our Chilean business. We look forward to his continued support of the business. At the same time, we are pleased that Jose has chosen to join EnfraGen to lead Prime Energia Chile. We look forward to the success we are confident he and the team will achieve under his leadership. Jose’s experience coupled with Rodrigo’s knowledge of the Chilean power market and his network of resources will aid the continued growth of our Chile business.” 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 firm Partners Group, on behalf of its clients, and has operational and in-construction assets across its subsidiaries totaling over 1.7GW of installed capacity in operation. The company, including its affiliates and subsidiaries, is supported by a team of approximately 325 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 Dallas, Texas, 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 www.glenfarnegroup.com . About Partners Group Partners Group is a leading global private markets firm. Since 1996, the firm has invested over USD 150 billion in private equity, private real estate, private debt and private infrastructure on behalf of its clients globally. Partners Group seeks to generate strong returns through capitalizing on thematic growth trends and transforming attractive businesses and assets into market leaders. The firm is a committed, responsible investor and aims to create sustainable returns with lasting, positive impact for all its stakeholders. With USD 119 billion in assets under management as of 30 June 2021, Partners Group provides an innovative range of bespoke client solutions to 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 www.partnersgroup.com or follow us on LinkedIn or Twitter . Contacts

Prime Energia Acquisitions

2 Acquisitions

Prime Energia acquired 2 companies. Their latest acquisition was Zona Franca Celsia on September 20, 2019.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

9/20/2019

$991

Acquired

2

12/12/2016

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$99M

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10

Date

9/20/2019

12/12/2016

Investment Stage

Companies

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Valuation

$991

Total Funding

$99M

Note

Acquired

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Sources

2

10

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