Greenwood Energy’s TERRɅ SITE I Wins ESG Renewable Energy Deal of the Year, Latin America

October 21, 2026

[October 21, 2026] – Greenwood Energy, Libra Group’s Latin American renewable energy subsidiary, won “ESG Renewable Energy Deal of the Year, Latin America” at the 2026 Infra Global ESG Awards in recognition of TERRΛ SITE I, the first phase of the TERRΛ INITIΛTIVE, a clean energy project co-developed by the Arhuaco Indigenous People and Greenwood Energy in Colombia’s Sierra Nevada de Santa Marta.

Organized by Green Street, the Infra Global ESG Awards honor environmental, social, and governance achievements in the global energy and infrastructure sectors.

Across its three phases, TERRΛ INITIΛTIVE includes the development of solar plants connected to the national electricity grid, with a total capacity of 156 MWp, along with three new traditional Indigenous villages, designed to host more than 1,200 members of the Arhuaco People. In addition to planned technical training and skilled employment opportunities for the community, the model incorporates an Environmental Fee for every kilowatt-hour of electricity sold. The fee will support an Arhuaco-managed land acquisition fund intended to help recover more than 100,000 hectares of their ancestral territory. After 25 years of operation, the energy assets will be transferred to the community, which will then receive all revenue from electricity sales to support further land acquisition.

TERRΛ SITE I reached financial close in December 2025 with COP 163 billion (approximately $50 million) in project financing from Financiera de Desarrollo Nacional (FDN), complemented by catalytic capital from ImpactA Global, with Clifford Chance serving as legal advisor for ImpactA.

A delegation including Libra Group’s Manos Kouligkas, Mauricio Justiniano, and Aspa Mouchtouri, FDN’s Rafael Herz, ImpactA’s Antonio Garate Martin and Susan Ward, and Clifford Chance’s Josephine Stefani attended the awards ceremony in London.

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