Greenwood Energy

What Greenwood Energy does

Greenwood Energy is a US-linked, Colombia-focused renewable energy project developer that designs, finances, constructs, and operates utility-scale solar PV and wind generation assets, with operational headquarters in Barranquilla, Colombia. Its core technology stack is conventional utility-scale renewable generation infrastructure — exemplified by the Terra Site I solar project (52 MW across two PV plants with an 11 km dedicated transmission line in Copey) and the Alpha and Beta wind farm projects (~492 MW combined in La Guajira) — backed by development-bank and impact-investor project finance.

The company's defining commercial differentiator is an indigenous partnership model in which assets are developed to financial close, constructed, and operated for 25 years before ownership transfers to the local community partner (e.g., the Arhuaca community for Terra Site I). Greenwood pursues a project-developer go-to-market: direct enterprise engagement with development finance institutions (FDN, ImpactA Global) and indigenous community stakeholders, rather than product or SaaS sales. Revenue is generated via energy generation and sale to the Colombian national grid, with eventual long-tail economics reverting to community ownership.

Greenwood operates as a subsidiary of the Libra Group conglomerate, which provides corporate backing and capital allocation across Latin America. The company has no disclosed revenue and no assets yet in commercial operation; its growth signals are entirely project-pipeline driven, with Terra Site I under construction (grid injection expected Q2 2027) and the Alpha/Beta wind farms pre-construction pending prior-consultation agreements with approximately 108 indigenous communities in La Guajira. The company has 11–50 employees and acquired 2°C POWER in September 2020 to consolidate development capability in the region.

Name

Greenwood Energy

Legal name

Greenwood Energy

Website

https://greenwood.energy

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

11–50 employees

Short description

Greenwood Energy is a US-linked renewable energy developer operating in Colombia, focused on utility-scale solar and wind projects developed under an indigenous community ownership-transfer model. It finances, builds, and operates assets for sale to the national grid, with ownership reverting to community partners after 25 years.

Ownership category

akta.pro rank

Product category

Utility-Scale Renewable Energy Development

NAICS

Solar Electric Power Generation (221114), Wind Electric Power Generation (221115), Electric Power Generation, Transmission and Distribution (2211)

SIC

Electric Services (4911), Electric, Gas & Sanitary Services (4900)

akta.pro primary industry

Development Management & Owner’s Engineering (Design Basis, Yield, Technical Due Diligence) (EUAMAAAG)

akta.pro secondary industries

Wind Farm Development & Permitting (Greenfield/Brownfield) (EUACAFAE), Renewable Energy Infrastructure (FSAAAKAG)

Keywords

• Renewable energy development
• Utility-scale solar power
• Wind farm operations
• Clean energy projects
• Sustainable energy infrastructure

Headquarters

HQ city

Barranquilla

HQ country

Colombia

HQ region

Latin America

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Operations, Supply Chain, Personnel, Others

Revenue model

1. Energy Generation and Sale: The company develops, finances, constructs, and operates renewable energy projects (solar and wind), generating revenue through energy generation and sale to the grid. After 25 years of operation, assets are transferred to indigenous community ownership.

Go-to-market motion1 record

Core offering

Greenwood Energy develops, finances, constructs, and operates utility-scale renewable energy projects (solar PV and wind) in Latin America, primarily Colombia. The company pursues large-scale renewable installations through partnerships with development finance institutions and indigenous communities, with assets transferring to community ownership after 25 years of operation.

Product overview

Greenwood Energy develops and operates utility-scale renewable energy projects (solar and wind) in Latin America, primarily Colombia. The company offers project development, financing, and long-term operation of solar and wind energy assets, with models that include community ownership transfer. Key products include the Terra Site I solar project (52 MW, first phase of a 156 MW platform) and the Alpha and Beta wind farms (~492 MW combined capacity).

Differentiator

Problem solved

Functional benefit

Brands

• TERRɅ Site I: A 52 MW solar project in Colombia consisting of two solar PV plants and an 11km transmission line, part of a three-phase platform totaling 156 MW.

Products and services

• Terra Site I Solar Project
• Alpha and Beta Wind Farms

Quantifiable outcome

• First large-scale renewable energy project in Latin America under indigenous partnership model
• +1 more outcomes

Segments2 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Two partnerships are on record, tiered core.

• Arhuaca CommunitycoreStrategic or Co-development PartnerThe Arhuaca community is the indigenous partner for the Terra Site I Solar Park project. The project serves as a model for sustainability and territorial development with the Arhuaca community, with assets to be transferred to community ownership after 25 years.
• Indigenous Community (Copey)coreStrategic or Co-development PartnerLocal indigenous community in Copey, Colombia partnered with Greenwood Energy for the Terra Site I project. After 25 years of operation, ownership of the 52MWp solar project transfers to the community.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Mainstream Renewable Power: Global renewable energy developer focused on wind and solar utility-scale projects in emerging markets including Latin America. Comparable as a project developer that finances, constructs, and operates grid-scale renewables in similar geographies.
• Celsia: Colombian energy company developing and operating renewable generation projects (solar and wind) and selling electricity to the national grid. Closely comparable as a domestic Colombian renewable IPP with grid-sale revenue model.
• Innergex Renewable Energy: Independent renewable energy producer developing and operating wind, solar, and hydro projects. Comparable as an IPP focused on long-term ownership and operation of utility-scale renewable assets, though primarily North American.
• EDP Renewables: Previously the developer of the Alpha and Beta wind farms that Greenwood has now taken over in La Guajira. Direct peer as a global wind and solar IPP active in Latin America with comparable project development and grid-scale generation business.
• AES Colombia: Operates renewable and conventional generation assets in Colombia, selling electricity to the national grid. Directly comparable as a Colombia-based power producer with utility-scale renewable projects and grid-connected generation.
• Cubico Sustainable Investments: Global investor and developer of renewable energy infrastructure across the Americas. Comparable as a developer-financier of utility-scale solar and wind projects in Latin America, with similar reliance on development-bank and institutional capital.

Broad incumbents

• ISA (Interconexión Eléctrica): Major Latin American energy infrastructure operator with transmission and renewable generation assets in Colombia. Comparable as a Colombia-based power and infrastructure player with renewable project involvement and grid relationships.
• Enel Green Power: Global renewable energy IPP with significant operations across Latin America including Colombia. Comparable as a utility-scale solar and wind developer selling into national grids, though at much larger scale and with a broader technology mix.
• Acciona Energía: Global renewable IPP with significant wind and solar operations in Latin America. Comparable in business model as a developer-owner-operator of utility-scale renewables selling into national grids, though at much larger scale.
• Statkraft: European state-owned renewable energy generator with growing Latin American presence. Comparable as a developer-operator of utility-scale wind and solar projects selling generated electricity to grids.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/GreenwoodEnergy
• LinkedInlinkedin.com/company/greenwoodenergy

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds2 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Greenwood Energy