Zelestra’s CEO, Leo Moreno, emphasized that the divestment represents a strategic milestone in the company’s transformation into a multitechnological, customer-centric energy player focussing primarily on Europe and the United States. Moreno noted the firm’s pride in its longstanding impact in Latin America and expressed confidence that the existing regional team will sustain growth under Promigas’ ownership.
Promigas’ president, Juan Manuel Rojas, framed the acquisition as a significant advancement toward fulfilling the firm’s “Nuestra Energía 2040” roadmap aimed at expanding its diversified energy solutions portfolio, growing non-regulated business sectors, and extending geographic reach. Rojas highlighted the purchase as a clear demonstration of Promigas’ commitment to fostering the competitive, sustainable, and operationally efficient energy landscape in Colombia and the broader Latin American region.
Zelestra’s Latin American platform has over 15 years of experience in the development, construction, and operation of renewable energy projects, supported by a workforce exceeding 130 specialized professionals. The transition aligns with broader industry trends of portfolio optimization and geographic realignment, as multinational developers concentrate on core markets while regional players consolidate their positions in growth markets.
Through this acquisition, Promigas significantly bolsters its renewable capacity and strengthens its presence in three key Latin American markets, enhancing its ability to deliver integrated clean energy and storage solutions to commercial, industrial, and utility-scale clients. The deal underscores the increasing maturation of Latin America’s renewable sector and the strategic repositioning by major energy groups to capitalize on the region’s decarbonization pathways.
This article was curated and published as part of our South American energy market coverage.
