Actis launches Yeltica Energy with 2 GW and 330 MWp already awarded by CFE
The British fund's renewable platform starts with three solar-plus-battery projects from CFE's first mixed-investment tender.
British infrastructure fund Actis launched Yeltica Energy on September 17, 2026, a renewable generation platform in Mexico that aims to exceed 2 GW and starts with three solar projects with batteries already awarded by the Comisión Federal de Electricidad (CFE). The initial portfolio totals around 330 MWp of solar PV and 255 MWh of storage, according to pv magazine México.
The three projects were selected in CFE's first mixed-investment tender, the scheme through which the state-owned company opens up private capital in generation. That process closed with 37 projects awarded for 7,411 MW, of which about 6,710 MW corresponded to 33 solar plants and close to 700 MW to four wind farms, according to El Economista. For the region, the relevant data point is the contract structure: 25-year cash flows, denominated in dollars and indexed to inflation, with CFE as an investment-grade anchor offtaker, according to IPE Real Assets, a vehicle that gives a European infrastructure fund dollar-denominated revenue tied to Mexican electricity demand.
Yeltica will be led by José Luis García, who has more than 25 years in the sector and was CEO of Zelestra for Latin America, where he developed and sold a platform of more than 1 GW in Chile, Peru and Colombia, and before that ran Zuma Energía, where more than 800 MW of solar and wind were built in Mexico, according to pv magazine México. Actis previously owned Zuma, Saavi Energía and Atlas Renewable Energy, and today operates the gas platform Valia Energía, with 3.2 GW; in total, the firm reports 7.3 GW of owned generation capacity in Mexico since its arrival, according to IPE Real Assets. The company expects to scale Yeltica through new public tenders and through proprietary development negotiated with developers and offtakers.
The next point to watch is the schedule of CFE's upcoming mixed-investment tenders and how many of the 7,411 MW already awarded move into construction. The platform says it will take part in those rounds.
This article was written with the assistance of artificial intelligence from verified sources and reviewed by a human editor before publication.
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This article was drafted with AI assistance from verified sources and reviewed by a human editor before publication.