MPC Energy Solutions (MPCES) has entered into a long-term power purchaser agreement (PPA) with Comercializadora de Energía Para el Desarrollo S.A., a subsidiary of Ingenio Magdalena S.A. (IMSA Group), for the energy produced from the 65 MWp solar photovoltaic (PV) project in Guatemala.
The development of the solar project is expected to commence immediately with the start of construction within 12 months. IMSA Group will purchase the energy from the solar farm.
With the announcement of this new project, MPCES strengthens its presence in the region and underlines its ability to develop, finance, build, and operate assets as a full-cycle Independent Power Producer (IPP).
Country updates
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March 17, 2017
IFC Global Infrastructure Fund invest in I Squared Capital LATAM energy platform
IFC, a member of the World Bank Group, and the IFC Global Infrastructure Fund (GIF), a fund managed by the IFC Asset Management Company (AMC), have invested a combined US$100 million in Orazul E...
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January 24, 2017
Governments of Latin America to discuss investment opportunities for energy projects – Washington, D.C March 2017
Latin American public and private sector leaders will address countries’ policies and strategies to engage investors and stimulate open discussions. 250 energy developers, financiers and public...
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January 04, 2017
Duke Energy has completed the sale of its Brazilian hydro plants to China Three Gorges Corp
Duke Energy has completed the sale of its Brazilian hydro plants to China Three Gorges Corp. for US$947 million for 99% of the share capital in the company with voting rights
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October 14, 2016
Duke Energy completes exit of international business in deals valued at $2.4 billion
Duke Energy has reached an agreement to sell its international businesses in Peru, Chile, Ecuador,Guatemala, El Salvador and Argentina to I Squared Capital for approximately $1.2 billion enterprise va...
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January 27, 2016
Actis sells Guatemala’s largest electricity network to IC Power
Actis has sold its 92% stake in Energuate which runs most of the electricity network in Guatemala to IC Power.
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