Orygen
Orygen is Peru's largest renewable energy generator, operating 2.3 GW across solar, wind, hydroelectric, and thermal plants, supplying long-term power contracts with renewable energy certificates primarily to mining and industrial clients.
- Company typePublic
- Founded2024
- HeadquartersLima, Peru
- Headcount101–250
- GTM typeB2B
- OfferingServices
What Orygen does
Orygen is Peru's largest renewable energy generator, operating 13 power plants with 2.3 GW of installed capacity across four generation technologies (solar, wind, hydroelectric, and gas-fired thermal). The company controls roughly 30% of Peru's non-conventional renewable energy market and supplies long-term power contracts bundled with certified renewable energy, with 9.1 TWh of certified volumes disclosed in its current portfolio. Its customer base is concentrated in Peru's mining and heavy industrial sectors, with disclosed large-volume clients including Las Bambas, Raura, Corona, Andalucita, SIDERPERU, Backus, and Interbank.
Orygen's underlying technical stack is differentiated by an in-house IoT platform, a digital twin integrated across the generation fleet, AI-powered drone inspection (thermal and RGB analysis), and predictive maintenance models applied to wind turbines. The platform ingests 25,000+ sensor signals and has been recognized by CONCYTEC for applied research in four consecutive years. The company has completed a technology autonomy program deploying 40 IT projects across 18 systems, formalizing internal control of its operational technology stack following the 2024 ownership change.
The business model is B2B power generation under long-tenor contracts (up to 12 years), with revenue generated from energy sales, capacity payments, and the issuance of renewable energy certificates. Following Actis's acquisition of approximately 92.35% of shares via public tender offer in May 2024 (and subsequent rebranding from Enel Generación Perú), the company continues to trade on the Lima Stock Exchange under ticker ORYGENC1. Management has committed a US$1 billion five-year investment plan targeting 800+ MW of new capacity, anchored by the Wayra Solar project, against a disclosed 3 GW pipeline.
Orygen firmographics
Firmographics- Name
- Orygen
- Legal name
- ORYGEN PERÚ S.A.A.
- Website
- https://orygen.com
- Company type
- Public
- Founded year
- 2024
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Orygen is Peru's largest renewable energy generator, operating 2.3 GW across solar, wind, hydroelectric, and thermal plants, supplying long-term power contracts with renewable energy certificates primarily to mining and industrial clients.
- Ownership category
- akta.pro rank
Orygen industry classification
Industry- Product category
- Renewable Energy Generation
- NAICS
- Electric Power Generation (22111), Wind Electric Power Generation (221115), Hydroelectric Power Generation (221111), Fossil Fuel Electric Power Generation (221112)
- SIC
- Cogeneration Services & Small Power Producers (4991)
- akta.pro primary industry
- Renewable Energy Asset O&M (Wind, Solar, Hydro, Geothermal) (EUAEAGAB)
- akta.pro secondary industries
- Thermal Power Plant O&M (Coal, Gas, Oil) (EUAEAGAA), Reciprocating Gas Engine Power Plants (RICE) (EUACABAC), Electrical Systems O&M (Substations, Transformers, Switchgear, Protection & Controls) (EUAMAGAH)
Keywords
Where Orygen is headquartered
LocationHeadquarters
- HQ city
- Lima
- HQ country
- Peru
- HQ region
- Latin America
Offices3 records
Markets served
Orygen business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Infrastructure, Technology or R&D, Personnel, Marketing or Sales
Revenue model
- Electricity and Capacity Sales (B2B): Orygen generates revenue primarily from the sale of electricity and power capacity to industrial and mining clients under long-term supply contracts. Revenue is driven by volume (GWh sold) and contracted capacity (MW). The company serves both regulated (distribution companies) and free clients (large industrial consumers). 2025 revenues stood at S/ 2,344.3 million.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Multi-year contract | Custom B2B long-term supply contracts for large industrial/mining clients |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels6 records
Orygen product offering
Product offeringCore offering
Orygen is Peru's leading renewable energy generator, operating 13 power plants across four technologies (solar, wind, hydroelectric, and gas thermal) with 2.3 GW of installed capacity. The company sells electricity and capacity to large industrial and mining clients under long-term B2B supply contracts, complemented by renewable energy certificates (I-REC and SGS Green Certificates) for ESG reporting. Its diversified 4-technology matrix enables guaranteed 24/7 supply stability for high-consumption industries.
Product overview
Orygen is Peru's leading renewable energy generation company operating a diversified portfolio of 13 power plants across four technologies: solar (Rubí 144.48 MW, Clemesí 114.93 MW, Wayra Solar 94.22 MW under construction), wind (Wayra I 132.3 MW, Wayra Extensión 177 MW), hydroelectric (multiple plants including Huinco, Callahuanca, Moyopampa, Huampaní, Yanango, Chimay, Matucana), and thermal gas (Ventanilla). The company offers renewable energy supply with long-term contracts for industrial clients (especially mining), complemented by value-added services including I-REC and SGS green certificates, carbon footprint calculator, and proprietary AI-powered operational technology platforms including an IoT/digital twins system, drone-based solar inspections with AI defect detection, and predictive wind turbine maintenance models. The flagship Wayra Complex (403.52 MW total) represents Peru's first large-scale hybrid wind-solar installation. Orygen's total installed capacity is 2.3 GW.
Differentiator
Problem solved
Functional benefit
Products and services
- Renewable Energy Supply Service (Suministro de Energía Renovable) Long-term B2B electricity supply contracts for large industrial and mining clients, leveraging a diversified 4-technology matrix (solar, wind, hydroelectric, thermal gas) to guarantee 24/7 stable supply and protect against spot market price volatility. Contracts are customized to the client's production cycle.
- International Renewable Energy Certificates (I-REC) International Renewable Energy Certificates backed by AENOR and recognized by the GHG Protocol, guaranteeing traceability of electricity generated from renewable sources. Each certificate equals 1 MWh. Issued to clients such as Minera Raura, SIDERPERU, and Backus.
- SGS Green Certificates (Certificados Verdes) Local green certificates issued through SGS del Perú, validating renewable energy consumption for clients with local validity. Each certificate equals 1 MWh of renewable electricity.
- Wayra Complex (Hybrid Wind-Solar Generation)
Quantifiable outcome
- 1,827.33 GWh of non-conventional renewable energy produced in 2025, capturing 30% of all solar and wind production in Peru
- +8 more outcomes
Companies that use Orygen
Customer profileNamed customers8 records
Segments4 records
Ideal customer profiles4 records
Orygen technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability7 records
Feature6 records
Orygen partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered core.
- Minera Las BambascoreOrygen supplies 100% renewable electricity to Las Bambas, certified via SGS Green Certificate for 1.3 TWh consumed in 2024 (100% of electrical consumption). Orygen CEO Marco Fragale and Las Bambas President Xuesong Chen participated in certificate delivery at PERUMIN 37.
- Minera RauracoreOrygen supplies 18 GWh of solar renewable energy from Clemesí plant to Minera Raura via International Renewable Energy Certificate (I-REC), backed by AENOR and recognized by GHG Protocol, representing 26% of annual consumption (~70 GWh).
- MolycopcoreOrygen supplies 37 GWh of 100% renewable energy certified via SGS Green Certificate, equivalent to 100% of Molycop's annual electricity consumption in 2024. General Manager Javier Castro highlighted the company's commitment to environmental responsibility.
- SGS del PerúcoreSGS del Perú serves as the accredited verifier for Orygen's local Green Certificates (Certificados Verdes) issued to clients including Las Bambas and Molycop. SGS certificates provide local validity and serve as instruments guaranteeing traceability of renewable electricity consumed.
- AENORcoreAENOR backs the I-REC (International Renewable Energy Certificate) issued by Orygen to Minera Raura. I-REC is recognized by the GHG Protocol as the standard for carbon footprint accounting and demonstrating emissions reductions in energy supply contracts.
- SIDERPERUcore12-year supply alliance (since 2022) delivering 298.17 GWh of 100% renewable energy in 2024 to SIDERPERU's Chimbote plant. Orygen issued I-REC certificate backed by Clemesí solar and Matucana hydroelectric production. Enabled SIDERPERU to avoid 60,000 tCO₂ in 2024.
- Ministry of Energy and Mines of Peru (MINEM) / DIGERcoreOrygen partnered with MINEM through DIGER (Dirección General de Electrificación Rural) for rural electrification projects. Completed first phase of transmission lines for the Clemesí community in Moquegua, benefiting 360 families. MINEM handles the final phase connecting households directly. Also working on rural electrification in Marcona's Justo Pastor community via a hybrid off-grid miniplant.
- BackuscoreBackus became Peru's first brewery group to certify 100% renewable electricity consumption via I-REC from Orygen. Orygen supplies up to 28.50 MW from Wayra Extensión wind farm under a 12-year contract, avoiding approximately 22 tonnes CO₂eq per year.
- InterbankcoreAlliance for renewable energy supply until 2025. Interbank receives 2.2 MW (3 GWh/year) from Orygen's six hydroelectric plants (Huinco, Callahuanca, Moyopampa, Huampaní, Yanango, Chimay). One of the first financial institutions in Peru to adopt clean energy for its operations.
Scale indicators16 records
Recent moves7 records
Expansion highlights5 records
Orygen competitors and assessment
Company assessmentRegional players
- AES Andes: Chilean-based renewable energy generator with a large multi-technology portfolio across Chile, Colombia, and Argentina. Comparable to Orygen in scale, diversification across renewables, and exposure to industrial offtake markets in Latin America.
- Colbún: Chilean power generator with a diversified portfolio of hydro, thermal, and renewable assets serving industrial and regulated clients. Operates with a similar multi-technology strategy to Orygen's 4-technology platform and is a relevant regional benchmark.
- Enel Chile: Chilean power generator and distributor formerly sister company to Orygen under Enel Américas. Operates a diversified renewable and conventional generation fleet in a similar Latin American regulatory environment with comparable B2B and free-client supply dynamics.
Broad incumbents
- Iberdrola Renovables: Global leader in renewable energy (wind, solar, hydro) with operations in multiple Latin American markets including Mexico and Brazil. Comparable to Orygen in enterprise renewable supply contracts and PPA structuring with industrial customers.
- Enel Green Power: Global renewable energy arm of Enel Group, the former ultimate parent of Orygen. Operates gigawatts of wind, solar, and hydro capacity worldwide and competes with Orygen in international renewable EPC, O&M, and green certificate markets.
- Engie (Global): Global energy major with a large renewable generation portfolio across Latin America, including the Engie Energía Perú subsidiary. Sets the strategic benchmark for integrated renewable supply and green-PPA commercial models in the region.
- Acciona Energía: Global renewable IPP with wind, solar, and hydro assets across Latin America (Chile, Mexico, Brazil). Comparable to Orygen as a pure-play renewable operator with multi-technology portfolio and long-term PPA commercial model.
- Statkraft Perú: Norwegian state-owned renewable energy company with hydro and wind operations in Peru. Directly competes in Peruvian renewable generation and in renewable PPAs serving industrial and mining clients.
Direct peers
- Engie Energía Perú: One of Peru's largest private electricity generators, operating a mix of hydro, thermal, and renewable assets and selling to industrial and mining clients. Directly competes with Orygen in the Peruvian free-client market and shares the same enterprise sales motion targeting mining offtakers.
- Kallpa Generación: Major Peruvian power generation company with a diversified thermal and renewable portfolio supplying the regulated and free market. Competes with Orygen for PPAs with mining and industrial clients in Peru and operates multi-technology generation assets.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks7 records
Key highlights7 records
Customer concentration
Orygen social profiles
Digital presenceOrygen compliance and trust
Trust signalCompliance9 records
Orygen financial estimates
Financial estimateRevenue estimate
Valuation estimate
Orygen leadership team
Management profileNumber of profiles
Profiles10 records
Orygen subsidiaries and ownership
Company hierarchySubsidiaries3 records
Orygen funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Orygen M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Orygen
What does Orygen do?
Orygen is Peru's leading renewable energy generator, operating 13 power plants across four technologies (solar, wind, hydroelectric, and gas thermal) with 2.3 GW of installed capacity. The company sells electricity and capacity to large industrial and mining clients under long-term B2B supply contracts, complemented by renewable energy certificates (I-REC and SGS Green Certificates) for ESG reporting. Its diversified 4-technology matrix enables guaranteed 24/7 supply stability for high-consumption industries.
Is Orygen a public or private company?
Orygen is a public company. It is classified as private equity controlled and is currently operating.
When was Orygen founded?
Orygen was founded in 2024. It employs 101 to 250 people.
Where is Orygen based?
Orygen is headquartered in Lima, Peru, in the Latin America region.
How does Orygen make money?
One revenue line is on record: electricity and Capacity Sales (B2B).
Who are Orygen's main competitors?
Regional players on record are AES Andes, Colbún and Enel Chile. Broad incumbents are Iberdrola Renovables, Enel Green Power, Engie (Global), Acciona Energía and Statkraft Perú. Direct peers are Engie Energía Perú and Kallpa Generación.
Does Orygen have an API?
No public API is recorded for Orygen.
What industry is Orygen in?
Orygen's product category is Renewable Energy Generation. Its primary akta.pro industry code is EUAEAGAB, Renewable Energy Asset O&M (Wind, Solar, Hydro, Geothermal), with a secondary code of EUAEAGAA, Thermal Power Plant O&M (Coal, Gas, Oil). Its NAICS code is 22111 and its SIC code is 4991.