Inkia Energy, through its wholly-owned subsidiary Kallpa, provides the company’s solar power plant in Southern Peru, a world-class solar resource center to obtain environmental impact assessment permits required for expansion. This permit increases the scale of its solar project "Sunny" from 228 MWp to 338 MWp, which is expected to be fully operational in the second half of 2025. Peru-based Inkia Energy is the country's largest power company and is controlled by global infrastructure investor I Squared Capital.

In addition to Sunny, Inkia has also signed an offtake agreement for relevant energy and renewable energy certificates (I-RECs) to start the construction of two nearby solar projects. These three projects will help Inkia gather energy from the "Peruvian Solar Center" and supply approximately 1 GWp of renewable energy to the National Interconnected Grid from the fourth quarter of 2025.

In addition, the company expects to launch two wind power projects in 2026, with a total power capacity of at least 600 megawatts. These wind development projects, along with several other solar and battery energy storage system (BESS) projects, will solidify the company's position as a leading renewable energy company to support Peru's current and future electricity needs. These projects reaffirm Inkia's value proposition of providing customers with uninterrupted and stable energy by combining several different renewable energy sources with high-efficiency natural gas, which plays a vital role in replenishing power during renewable energy shortages and intermittent periods.

Inkia also offers several behind-the-meter energy solutions to customers through dedicated retailer Kondu, which has become one of the largest players in the small and medium enterprise (SME) market sector.

“Inkia is a developer at heart and is the fastest growing power generation company in the past decade. The opening of Sunny marks the starting point of Inkia 2.0 expansion activities. This expansion activity caters to Peru’s energy needs and ensures that Inkia becomes Peru’s premier energy solution. solutions company." Willem Van Twembeke, CEO of Inkia Energy, said, "We believe that Inkia's balanced investment portfolio and excellent investment grade rating will make it a reliable first choice to support customers' energy and finances."

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