Grupo Dragón announced that it obtained financing to build its first solar park in Guatemala , as part of its international expansion strategy and after being awarded the PEG-5 public tender, considered the largest call for electricity generation in the history of the Central American country.
The announcement represents a new advance for the Mexican company, which in April 2026 confirmed the award of three photovoltaic solar generation projects with battery storage systems , with a combined capacity of 120 MW and 192 MWh, respectively.
According to information released by the company, the development of these assets involves an estimated investment of $150 million , intended to strengthen its participation in the Guatemalan electricity market and expand its renewable infrastructure portfolio in Central America.
Continue reading
The award obtained in the PEG-5 reverse auction sets the stage for this new phase of financing. The projects aim to contribute to the diversification of the national energy mix by incorporating photovoltaic generation and storage solutions that will strengthen the reliability of the electrical system.
In April, Francisco Gutiérrez, CEO of Grupo Dragón , highlighted the importance of this award for the company's international strategy: "This award reaffirms our ability to develop competitive and sustainable projects in international markets, as well as our commitment to the energy transition in the region."
At that time, the company reported that the initiatives were progressing through their structuring and development stages, including the definition of long-term financing schemes and the selection of generation and storage technologies.
With the financing secured for its first solar park in Guatemala, Grupo Dragón continues its portfolio awarded in the PEG-5 and reaffirms its regional growth strategy, aimed at driving the energy transition and promoting inclusive prosperity in Central America.