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JV

Juan G. Villarreal · CEO

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  5. Chicamocha II

Chicamocha II

15.0 MW · Santander · Est. COD: Mar 2027

Solar project in the Chicamocha canyon area, facing grid interconnection challenges.

RTBView on map

Stage pipeline

RTB
Development100%
—
RTB60%
3 / 5 milestones
Construction0%
—
Operating0%
—

Milestones

RTB
3 / 5
  • PPA negotiationRoque Lozano
    CompletedJan 15, 2026
  • CREG compliance filedJuan G. Villarreal
    CompletedFeb 3, 2026
  • UPME registrationJuan G. Villarreal
    CompletedFeb 20, 2026
  • Grid interconnection approvalJosé David Lozano
    DueMar 15, 2026
  • Financial closeJuan G. Villarreal
    DueJun 1, 2026

Active blockers

1 critical
2 open
  • Grid interconnection denied by operatorCritical

    Local grid operator denied connection due to capacity constraints. Appeal filed with CREG.

    José David Lozano32 days
  • Land easement renegotiationMedium

    Adjacent landowner requesting updated easement terms for access road.

    Steban Jimenez8 days
CriticalMedium

Financial overview

Total CAPEX$1.2M
Cost / MW$80K
Estimated IRR15.3%
PPA Price$48.00/MWh
Annual Revenue$920K
Payback4.2 yrs
S

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Documents

14
  • PDF

    Environmental Impact Assessment.pdf

    Nov 14, 2024

  • PDF

    CREG Compliance Certificate.pdf

    Oct 2, 2024

  • PDF

    UPME Registration.pdf

    Sep 18, 2024

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