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.
Phase 1: Operational, fixed ground-mounted solar PV park with c. 33.4 MWp capacity
Phase 1: Yearly output: 49,048 MWh/year
Phase 1: Q3 2015 – Q3 2016
Approx. USD 75 million