Investments

MONTE PLATA

Dominican Republic

In June 2021, the Investment Company signed the acquisition of a 36.1% shareholding in “Monte Plata”, an operational 33.4 MWp solar park in the Dominican Republic. The closing is subject to customary conditions and expected to take place in Q3 2021. The acquisition of the “Monte Plata” project, was decided with foresight as the expansion to approximately 74 MW is targeted for 2022 and subject to CNE approval for the PPA. With the solar park “Monte Plate” we continue our contribution to limiting global climate change and the local decarbonization of energy generation.

Project name

Monte Plata

Location

Dominican Republic

Description

Phase 1: Operational, fixed ground-mounted solar PV park with c. 33.4 MWp capacity
Phase 2: Under development, fixed ground-mounted solar PV park with c. 40.5 MWp capacity

Energy Production

Phase 1: Yearly output: 49,048 MWh/year
Phase 2: Yearly output: 64,112 MWh/year

Investment Start

Q2 2021

Construction Period

Phase 1: Q3 2015 – Q3 2016
Phase 2: Q3 2021 – Q3 2022

Total Investment

Approx. USD 75 million