Verano Energy was founded in 2012 to address the need for early stage investment and development of renewable energy projects, particularly in Latin America. Verano’s multidisciplinary team and advisory board have deep experience in all aspects of renewable energy projects from early development, to design, financing, construction, operation, and asset management.
Timeline
2012
Verano Capital is founded and begins operations
2013
The company completes development of its first projects
2014
The first two projects Sol and Luna, located in Vicuña of 6.6MWP reach COD and are connected to the grid (Track Record)
2015
First internal construction of a 75 kwp project in Los Andes: Renewable Energy Test Center
2016
Verano Capital partners with FRV and wins the tender in Chile with a 50 MWp project Punta Colorada with a record 24-7 price of 26 USD/MWh
2017
Opens office in Argentina, awarded tender for 118 MWP project in Argentinean state tender
2018
Opens office in Colombia, secures co-development & EPC for 120 MWp solar project
2019
Secures turnkey agreement (Development, EPC, O&M) of 105 MWp portfolio with two US based private equity firms Matrix Renewables Acquires 154 MW Solar PMGD From Verano Capital Under Chile’s PMGD Program
2019
Verano reaches 100 MW in operation and 1,000 MW in development
2020
Secures Financing of first utility scale project, Samantha Solar, 116 MWp in Central Chile
2020
Opens office in Peru and secures local development portfolio of more than 1,000 MW
2020
Closes turnkey agreement with Matrix Renewables for a 154 MWp portfolio, later expanded to over 245 MWp
2020
The company closes a 55 MWp turnkey portfolio with renewable resource Group that include EPC and O&M services / La compañía cierra un portafolio de 55 MWp con el grupo de recursos renovables que incluye servicios de EPC y O&M.
2020
Chile’s Minister of Energy and the Mayor of the Metropolitan Region Join Verano Capital to inaugurate new PMGD solar project
2021
Secures regional development agreement (Chile, Peru, Colombia, Brazil) of an expandable 800 MWp portfolio with Yinson Renewables
2021
Initiates development partnership in Brazil for an initial portfolio of >200 MWp
2021
Sells a 154 MWp PMGD portfolio (which became 212 MWp) to Matrix Renewables
2021
Verano entered into a partnership agreement with Yinson renewables to develop a 1.8 GW solar portfolio
2022
Verano Capital changes its name Verano Energy A new name for a new sustainable future
2022
“Green ammonia is going to be the fossil-free “crude” of the hydrogen fuel economy”
Collin Hamilton, Chief Operating Officer and Chief Technology Officer of Verano Capital LLC
today
+5 Countries
+70 Employees
+23o MW In Operation
+150 MW Under Construction
+10 GW Pipeline Under Development
Clean MWh Generated 531,020
CO2 to be offset per year 477,918 tons