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JV

Juan G. Villarreal · CEO

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Magdalena Power

25.0 MW · Magdalena / Santa Marta · Est. COD: Sep 2028

Coastal solar project near Santa Marta with tourism-compatible design.

DevelopmentView on map

Stage pipeline

Development
Development20%
1 / 5 milestones
RTB0%
—
Construction0%
—
Operating0%
—

Milestones

Development
1 / 5
  • Site assessmentSteban Jimenez
    CompletedJan 10, 2026
  • Environmental studyNicholle Lopez
    DueJul 1, 2026
  • Grid studyJosé David Lozano
    DueAug 1, 2026
  • Land securingSteban Jimenez
    DueJun 1, 2026
  • Permits filedJuan G. Villarreal
    DueOct 1, 2026

Active blockers

None

No active blockers

This project has no unresolved issues.

Financial overview

Total CAPEX$1.2M
Cost / MW$48K
Estimated IRR12.9%
PPA Price$41.00/MWh
Annual Revenue$850K
Payback5.5 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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