NOVVA Group acquires Colombian solar portfolio from ABO Energy, strengthening Latin American platform
NOVVA Group has agreed to acquire three advanced-stage solar projects in Colombia from Germany's ABO Energy, marking a major step in its Latin American expansion
On June 22, 2026, NOVVA Group, which operates as a global AI-enabling energy infrastructure platform, announced that it has entered into a definitive agreement to acquire a Colombian solar portfolio from the German renewables developer ABO Energy. The transaction, announced in Hong Kong, marks a major milestone in Novva's efforts to strengthen and expand its energy infrastructure platform across the Latin American region.[1][2]
The solar portfolio acquired by Novva comprises three advanced-stage solar projects situated in the Andean highlands of central Colombia. Together, these three projects represent a combined installed capacity of 37.8 MWac. The developments benefit from highly favorable local conditions, including strong solar irradiation, secured grid connection approvals, and long-term land lease agreements that have already been established.[1]
The projects are targeted to reach commercial operation in early 2028. Once fully operational, they are designed to deliver clean, reliable power directly to Colombia's key economic and growth centers. This clean energy delivery is expected to support Colombia's accelerating digital transformation and industrial modernization by providing essential power infrastructure to key areas.[1]
