As a recognized leader in the worldwide renewable energy industry, it remains key for us to continue our focus on a management model that secures delivery of our commitments through close control of all processes, good governance practices and transparency in performance.

This adherence to process controls and governance has created a proven track record of over a decade with regards to meeting profitability and power generation targets, while optimizing costs and technology performance.

By 2050, wind and solar technology will provide almost 50% of total electricity globally

FRV believes in combining photovoltaic and/or wind power with battery storage to ensure the flow of energy at all times.

In over a decade of successful operations, we have consolidated our position as one of the global leaders in the solar energy market with presence in Africa, Asia, Europe, the Americas, Australia and the Middle East.

In a natural progression of our proven expertise in the solar energy sector we decided to expand our horizons to wind energy. We started assessing the potential of locations where we already had solar facilities for wind energy projects and have already developed an advanced pipeline of over 1 GW. This will enable us to lead the continuing and rapid transition to clean energy across the world.

This increase penetration of renewables triggers new technological challenges, such as electricity supply stabilization and Frequency Regulation and batteries are expected to play a major role in providing solutions to them.

With a long-term perspective, our aim today is both to continue to be a leader in the global renewable energy industry and, to keep growing into new markets that offer future development opportunities in the sector.

Leading the transformation of the energy market

Due to the rapid increase of renewable energy competitiveness vs conventional fossil-fuel based power generation, it is necessary to adapt to this new situation and FRV is leading this change.

We are adapting our business strategy and considering a mixed business model that combines long-term ownership of assets instead of just being focused on efficient use of capital and short-term returns from asset rotation.

In this way FRV is moving towards this new model while it continues with its involvement across most of the PV and wind business chain activities, including development, construction, financing and sale of large scale solar PV and wind projects.




We are providers of integrated sustainable solutions

At FRV we design, manage and control all phases of the value chain. This begins with the independent selection of the most appropriate technology for each project, through the development of financing solutions, engineering and construction, to live operation and certified supply to the power grid. It also includes Operation and Maintenance (O&M) services once the plant is in operation.

The whole development process is led and managed by our professional and highly qualified team. Their accumulated specialist industry experience ensures that we can deliver the required returns.


  • Bankable technology solutions
  • Commercial and technological independence from any brand or system enables optimized solutions for both power generation and investment returns


  • Our own developments, agreements with other developers and partners, and the acquisition of projects already underway, at various stages of development

Equipment Supply

  • Experience with a variety of experienced equipment manufacturers, technologies and equipment suppliers


  • Established relationships with leading EPC contractors worldwide
  • In-house EPC capabilities in the development of our projects


  • Long-term project finance expertise in different markets, with a diverse range of structured financial solutions, which can be tailored to each specific project
  • A highly competent in-house financing team to improve the competitiveness of our projects


  • In-house monitoring and management of the plants, improving the performance of the projects
  • Asset management (AM) included in each operation


  • FRV Asset Management provides 360 degrees asset management services including: Third party projects services provider, local authorities, financial entities
  • Global Asset Management services worldwide including local offices
  • Deep knowledge, strong expertise and well-known brand in the renewable energy market



The management of capital resources plays a fundamental role in the success of any investment in the renewable energy sector.

Our knowledge and experience in this industry allows us to add value to all financing activities.


We have a broad experience in the development of projects with different construction needs, participating as contractors in Engineering, Procurement and Construction (EPC) for our own projects.

We are also experienced in establishing supply agreements with the world’s leading manufacturers and suppliers.


Our work does not end with delivery. Teams of highly skilled professionals are dedicated to constantly monitoring the operation of our solar and wind farms.

In this way, we are able to maximize their performance and to ensure maintenance and security of our installations.
In addition, we offer Asset Management (AM) services.

Asset Management

360 degrees asset management


Continuous innovation is a priority. At FRV we are constantly researching and incorporating new market and technology innovations into our expertise. This enables us to apply the most advanced solutions to each of our projects.

Rafael Benjumea

Founder, FRV

At FRV we have a strong commitment to the economic and social development of the markets and communities in which we operate, and we are pleased to be able to deliver on this commitment through this innovative program.

Gianfranco Carassale

Lead Investment Officer, Inter-American Investment Corporation (IIC)

The pioneer spirit is something that has always characterized Rafael and José’s team, from their decision to enter the solar energy business to their expansion to new markets with an aggressive strategy able to capture them.

Scott Mackin

Managing Partner and Co-President, Denham Capital

Denham Capital has been proud to partner with the team at FRV for nearly three years in this very successful investment. Rafael, José and their colleagues have captured a leading position in key emerging markets where solar undercuts the marginal cost of electricity.