Newbie MPC Energy Solutions lands exclusive deals for projects in LatAm

Author: Flazingo Photos. License: Creative Commons, Attribution-ShareAlike 2.0 Generic (CC BY-SA 2.0)

March 1 (Renewable Now) - MPC Energy Solutions NV, a renewables platform recently launched by German asset manager MPC Capital AG (ETR:MPCK), said it has secured exclusivity for two projects in Colombia and in the Eastern Caribbean.

The company landed opportunities for solar and energy efficiency projects with a total investment of USD 30 million (EUR 24.9m), which could potentially rise to USD 55 million and a total installed capacity of 50 MW by 2022.

The due diligence process is expected to be finalised shortly, MPC Energy Solutions said without giving details.

The firm added that its expects to secure more exclusivity agreements in the coming weeks. Its pipeline includes wind, solar and energy efficiency projects –- all located in Latin America and the Caribbean region and benefiting from a mix of national and corporate off-take deals.

(USD 1.0 = EUR 0.830)

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