Mainstream Renewable Power Successfully Realizes Investment in Chilean Power Producer Aela Energía
Mainstream Renewable Power (“Mainstream”), the global wind and solar company, and Actis, a leading global investor in sustainable infrastructure, have sold Aela Energía (“Aela”) to the Canadian-listed developer Innergex Renewable Energy for USD 691 million.Aela has grown to become Chile’s largest independent power producer of renewable energy, since it was established in 2013 as part of a joint venture between Actis (60 percent) and Mainstream (40 percent). The planned exit reflects the successful culmination of Actis and Mainstream’s strategy for Aela. The divestment will generate net