Media

Press Releases

Find all corporate news and ad hoc releases in this section.

Information to shareholders about Covid-19

In view of the current uncertainty, we would like to inform you about the companies’ measures in response to the outbreak of the corona virus disease 2019 (COVID-19), commonly known as coronavirus.

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MPC Caribbean Clean Energy Ltd. closes rights issue

MPC Caribbean Clean Energy Ltd. (“the Company”) announced the closing of its renounceable rights issue. At the closing, the

Company sold and issued 10,242,382 new Class B shares, increasing the share capital to approximately 21,500,000 USD now.

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MPC Caribbean Clean Energy Ltd. launches USD 22 million rights issue to boost investment into new renewable energy projects

MPC Caribbean Clean Energy Ltd. (“the Company”) today announced the launch of a capital increase via an offering of renounceable subscription rights to existing shareholders (“Rights Issue”). The Company expects to issue up to 22,848,320 new shares.

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Energization of the Paradise Park Solar Farm in Jamaica and commencement of its operations

The project, majority-owned by Neoen alongside Rekamniar Frontier Ventures and MPC Caribbean Clean Energy Fund, is now energized and was inaugurated on October 2nd, 2019 in the presence of the Prime Minister of Jamaica, the Most Honourable Andrew Holness.

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MPC Capital signs MOU with the Mico Foundation

MPC Capital and the Mico Foundation have signed a memorandum of understanding (MOU) to install a rooftop solar PV facility with a peak capacity of 2 MW at The Mico University College. Power generation is expected to start in Q2 2020.

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MPC Caribbean Clean Energy Ltd. announces dividend distribution

The Board of Directors of MPC Caribbean Clean Energy Ltd. (“the Company”) has declared an Interim Dividend of USD 0.0888 per Class B share (approximately JMD 12.00 per share). The Record Date has been set at 16th of September for the Interim Dividend to be paid to the shareholders on 27th of September.

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MPC Capital expands its footprint in Central America

MPC Capital has acquired a 6.5 MWp solar PV project under development in El Salvador. The project has signed a 20-year USD-denominated power purchase agreement (PPA) with CAESS, the local subsidiary of the US-based energy company AES. This is MPC Capital’s second investment in Central America, after Tilawind, the 21 MW operating wind farm in Costa Rica.

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MPC Capital’s solar PV plant Paradise Park starts energy production

Paradise Park, a 51 MWp solar PV park in Westmoreland, Jamaica, starts energy production. Investors include MPC Caribbean Clean Energy Fund (“the Fund”), MPC Capital's investment platform for renewable energies in the CARICOM region, Neoen and EREC-Co Invest.

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MPC Capital expands its Caribbean renewables platform into Barbados

MPC Capital today announced the further expansion of its development and investment activities in the Caribbean and Central American region. The company, which is already active in Jamaica, Costa Rica, Panama, Trinidad & Tobago and Colombia, has now entered the renewable energy market in Barbados.

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MPC Capital expands its Caribbean renewables platform into Barbados

MPC Capital today announced the further expansion of its development and investment activities in the Caribbean and Central American region. The company, which is already active in Jamaica, Costa Rica, Panama, Trinidad & Tobago and Colombia, has now entered the renewable energy market in Barbados.

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MPC Capital closes acquisition for 21 MW wind farm in Costa Rica

MPC Capital has reached financial close for the acquisition of the 21 MW wind farm Tilawind for approximately USD 50 million. Investors include MPC Caribbean Clean Energy Fund (“the Fund”), MPC Capital's investment platform for renewable energies in the CARICOM region, and ANSA McAL Limited, Trinidad and Tobago's largest conglomerate.

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German investor eyes green venture

German-based MPC Renewable Energies is planning to invest between US$75 million and US$100 million in wind and solar PV projects here over the next few years. - Nation News

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DBJ invests in MPC Caribbean Clean Energy Limited

The Development Bank of Jamaica (DBJ) has announced that it has invested in the initial public offering, on the Jamaica Stock Exchange (JSE), of MPC Caribbean Clean Energy Limited (MPCCEL), which closed in December 2018.

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MPCEL commences trading at the TTSE

Press Release/Comment: MPC Caribbean Clean Energy Limited commences trading at the USD Equity Market of the Trinidad & Tobago Stock Exchange

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MPC Caribbean Clean Energy Ltd. closes IPO on the Jamaica and Trinidad & Tobago Stock Exchanges

MPC Caribbean Clean Energy Ltd. (the “Company”) has announced today the close of its Initial Public Offering (IPO) on the Jamaica and the Trinidad & Tobago stock exchanges. The Company has raised a total of USD 11 million across both stock exchanges.

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MPC Caribbean Clean Energy Ltd. strives for cross-listing on the Jamaica and the Trinidad & Tobago Stock Exchanges

– MPC Caribbean Clean Energy Ltd. (the “Company”) has announced today the launch of its Initial Public Offering (IPO) for shares to be cross-listed on the Jamaica and the Trinidad & Tobago Stock Exchanges. The Company has been formed to facilitate and participate in the renewable energy project investments of MPC Caribbean Clean Energy Fund LLC (the “Fund”) in Jamaica, Trinidad and Tobago, and the wider Caribbean region.

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MPC Caribbean Clean Energy Fund and ANSA McAL Limited acquire Windpark in Costa Rica

MPC Capital’s investment platform for renewable energies in the CARICOM region, MPC Caribbean Clean Energy Fund, and ANSA McAL Limited (“ANSA McAL”), Trinidad and Tobago's largest conglomerate with companies throughout the Caribbean, will invest in the operational 21 MW windpark Tilawind, located in Tilarán in the Guanacaste province, Costa Rica.

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Successful completion of the Paradise Park PV farm’s financing in Jamaica

Proparco and FMO will provide the senior debt for the 51 MWp solar PV park. The project, majority-owned by Neoen alongside Rekamniar Frontier Ventures and MPC Caribbean Clean Energy Fund, will be commissioned in the first half of 2019.

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MPC Capital launches Caribbean Renewables Platform and acquires stake in a solar PV project in Jamaica

The Hamburg based asset and investment manager MPC Capital is launching an investment platform for renewable energy projects in the Caribbean. As an initial project, MPC Capital is acquiring a stake in the “Paradise Park” 50 MWp solar plant on the Caribbean island of Jamaica. Therefore MPC Capital has structured and will be a co-investor in a joint investment vehicle which will hold just under 50 % in the project company. The total investment volume amounts to some USD 50 million.

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