Promigas stock broadens energy strategy with Aurora and KRELO

Published on 11/10/2026 at 02:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Promigas stock draws attention after the company inaugurated its Aurora solar and storage project in Chile. KRELO marks a wider energy strategy.

Promigas expands its energy platform

Aurora combines 221 megawatts of solar capacity with 187 megawatt-hours of battery storage in Chile.
KRELO targets commercial, industrial and large-scale customers across Chile, Colombia and Peru as Promigas broadens its portfolio beyond gas infrastructure.

Promigas stock, Aurora solar project, KRELO, renewable energy, battery storage, Latin America, Illustration mit AI erstellt.

Promigas inaugurated the Aurora photovoltaic and battery storage park in Chile on October 19, 2026, and presented KRELO as its new energy solutions platform for commercial, industrial and large-scale customers. The announcement, carried by BNamericas, places renewable generation and storage at the center of the group's expansion in Latin America.

Aurora sets a renewable milestone

Aurora integrates 221 megawatts of installed photovoltaic capacity with batteries offering 187 megawatt-hours of storage over five hours. The project forms part of Chile's Tarapaca Energy Hub, which includes three solar projects with storage and investment of more than 1.06 billion US dollars.

Promigas said the project is its first major visible milestone under KRELO, the platform created to support customers and productive sectors through energy transition solutions. Electricity from Aurora will be supplied under long-term power purchase agreements with Abastible and other companies, providing an offtake structure for the project.

Growth reaches across Latin America

Promigas participates in a portfolio exceeding 1,374 megawatts across projects in operation and under construction in Colombia, Chile and Peru, according to the company release. It also sees development opportunities close to 3.1 gigawatts and plans investments of more than 1.5 billion US dollars through 2030.

The expansion comes as regulatory conditions remain important for Promigas's gas distribution activities in Peru. BNamericas reported that the company expects Peru's government, Congress and the industry to revisit the uniform natural gas tariff, with long-term regulatory stability seen as important for expansion.

Business model and competitive position

Promigas operates natural gas infrastructure and distribution businesses in Colombia and Peru, alongside LNG regasification and newer renewable energy activities. The company describes itself as a long-standing participant in gas market development in both countries. In Peru, its gas activities intersect with projects involving Cálidda and TGP, while the broader portfolio gives Promigas a more diversified position than a single-asset gas operator.