NEW YORK–(BUSINESS WIRE)–EnfraGen, LLC (“EnfraGen”), a developer, owner, and operator of grid stability and renewable power assets in Latin America owned by leading global private markets firm Partners Group, on behalf of its clients, and Glenfarne Energy Transition, LLC (“Glenfarne”), a global energy transition leader providing critical solutions to lower the world’s carbon footprint, today announced the promotion of Marco Fuentes to President. In his new role, Fuentes will work alongside the leadership team to oversee the execution of the company’s strategy, support the growth of the business, and drive continued operational excellence.
“Marco has been an instrumental member of EnfraGen’s leadership team, driving operational excellence and supporting growth for the company across Latin America,” said Brendan Duval, Founder and CEO of EnfraGen. “In his new role, we are confident Marco will further bolster the firm’s strong reputation as a leader in the renewable infrastructure space and help accelerate the energy transition in the region.”
Fuentes served as Chief Operating Officer for EnfraGen since November 2021, where he was responsible for executing asset enhancement, team integration, and operational improvement initiatives across the business’ 51 asset fleet. Fuentes will report directly to CEO Brendan Duval.
“I am thrilled to step into the role of President at EnfraGen,” said Fuentes. “As we continue to see positive momentum across EnfraGen’s diversified renewable and grid stability portfolio, I look forward to further enhancing our industry-leading operational structure, driving strong growth and business results as we support the transition to low-carbon and resilient electric grids.”
Bryan Murphy, who has served as President of EnfraGen since 2020, will step down as President but continue to play a key role in EnfraGen. Murphy will remain EnfraGen’s General Counsel, serve as a member of the EnfraGen Board of Directors, and Glenfarne’s lead Director in the EnfraGen business. In a press release, Bryan Murphy was recently announced as President of Glenfarne Group, LLC.
EnfraGen’s operational and in-construction assets now total over 2.1 GW of capacity across Chile, Panama, Colombia, and Costa Rica, with corporate offices located in Houston and New York in the United States. EnfraGen recently completed the acquisition of six assets in Panama and Costa Rica, with a combined capacity of 188 MW of renewable energy.
About EnfraGen, LLC
EnfraGen is a developer, owner, and operator of grid stability and renewable energy infrastructure businesses across Latin America. 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 Energy Transition, 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 2.1 GW of installed capacity upon completion of its most recent acquisition. The company, including its affiliates and subsidiaries, is supported by a team of nearly 400 professionals. EnfraGen maintains offices and assets in Chile, Panama, Colombia, and the United States. For more information, please visit www.EnfraGen.com.
About Partners Group
Partners Group is a leading global private markets firm. Since 1996, the firm has invested USD 210 billion in private equity, private real estate, private debt and private infrastructure on behalf of its clients globally. Partners Group seeks to generate attractive 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 147 billion in assets under management as of 31 December 2023, 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 1,900 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.
About Glenfarne Energy Transition
Glenfarne Energy Transition is a wholly owned subsidiary of Glenfarne Group, 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; Bogota, Colombia; Barcelona, Spain; and Seoul, South Korea. Glenfarne Energy Transition aims to address the “here and now” global energy transition through three core businesses: Global LNG Solutions, Renewables, and Grid Stability. The company’s seasoned executives, asset managers, and operators develop, acquire, manage, and operate energy infrastructure assets throughout North and South America. For more information, please visit www.GlenfarneEnergyTransition.com.
Contacts
Kris Cole
Pro-glenfarne@prosek.com
(310) 652-1411
