Guatemala’s Ministry of Energy and Mines (MEM) announced preparations for a new Transmission Expansion Plan tender, known as PET-4, which aims to attract private investment to strengthen the national electric grid and address the shortcomings identified in the previous process.
The decision comes after the PET-3 tender was declared void. The goal now is to move forward with a broader process, with clearer rules and greater appeal for investors.
A redesigned process to reduce uncertainty
Several of the projects originally included in the PET-3 tender, including transmission lines to Petén, Lívingston, Alta Verapaz, Izabal, and Quiché, as well as strategic substations intended to expand electric coverage and reinforce transmission capacity in critical areas, will still move forward. These works will be executed either directly by INDE or through public-private partnership mechanisms. This approach opens new opportunities for investors interested in participating in energy-related infrastructure.
An opportunity for new investors
The structure of PET-4 will represent a new investment window in electric Infrastructure, a sector that has historically offered long-term projects, regulated revenue, and lower volatility compared to other energy segments.
With a broader plan, improved bidding terms, and strategic works pending execution, MEM aims to attract regional and international actors interested in electric transmission, a market with growing demand driven by rural electrification, regional integration, and grid modernization.
The official launch of PET-4 is expected in 2026.
