COFIDES has granted a co-investment loan of €1,050,000 to Genesal Energy for the acquisition of generator sets, with the aim of renewing and expanding its rental fleet in Peru, thereby strengthening a key business line for the company.
The financing, provided through the Small and Medium Enterprise Investment Operations Fund (FONPYME) and COFIDES’ own resources, has enabled the addition of 55 lightly used units and 11 new units, all manufactured by Genesal in Spain and sold to its Peruvian subsidiary at market prices.
The total investment of the operation amounts to €1.5 million, reinforcing Genesal’s presence in a strategic market and confirming its commitment to reliable, high-quality energy solutions for key sectors of the Peruvian economy.
According to Miguel Ángel Ladero, Corporate Director of COFIDES’ Investment Department, “Supporting the growth and consolidation of Spanish SMEs is a priority for COFIDES. This operation strengthens Genesal’s position in a strategic market and contributes to the industrial development of Peru by providing essential energy solutions.”
For Julio Arca, CEO of Genesal Energy, “Peru is a strategic market for Genesal and a key driver within our internationalization strategy. This operation allows us to further strengthen the GENESAL brand in the country, modernize our rental fleet, and continue offering reliable, efficient energy solutions tailored to the needs of a rapidly expanding market. Having the backing of COFIDES, a leading Spanish public entity, is a strong vote of confidence in our industrial project and reinforces our commitment to sustainable, long-term growth in Latin America.”
About Genesal Energy
Genesal Energy is a Spanish company specializing in advanced, customized energy solutions for distributed generation systems. With over 30 years of experience and a presence in more than 40 countries across five continents, the company designs, manufactures, and maintains generator sets adapted to each client and sector, ensuring continuous power supply for critical infrastructures, data centers, industrial environments, and healthcare facilities.
From its headquarters in Galicia and through its Generlab technology center, Genesal Energy drives sustainable innovation projects with a high technical component. Its strategy is built on five pillars—industry, internationalization, innovation, sustainability, and digitalization—which guide its roadmap toward a more efficient, flexible, and low-carbon energy model.
In 2025, Genesal Energy achieved a turnover of €35 million, representing a significant increase over the previous year. This growth—one of the company’s most notable in recent years—positions Genesal Energy as a national and international reference in the sector, reflecting strong demand and the robustness of its business model. With this momentum, the company will continue pursuing strategic investments and new opportunities to fuel its global expansion.
About COFIDES
COFIDES is a state-owned commercial company that manages public funds, as well as its own and third-party resources, to achieve various objectives: the internationalization of the Spanish economy, attracting foreign investment to strategic sectors in Spain, promoting impact-driven economic activity in Spain, and contributing to the development of the countries in which it invests. In addition to the Spanish State, which holds a majority stake, its shareholders include Banco Santander, Banco Bilbao Vizcaya Argentaria (BBVA), Banco Sabadell, and CAF–Development Bank of Latin America
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