MPC creates new entity, raises US$100m for new projects including El Salvador plant

Photo by Giorgio Trovato

12 February 2021

German asset management firm MPC Capital has raised US$100m in an oversubscribed private placement to fund seven new projects – five in Colombia and the others in El Salvador and Jamaica. It has launched a new platform, MPC Energy Solutions, focused on renewable energy investments. MPC Energy Solutions’ website suggests work will start in Q3 2021 on a 20MW solar PV plant in Santa Rosa, El Salvador. The project, due for commission in early 2022, represents an estimated total investment of US$20m. MPC Capital recently completed construction of its San Isidro photovoltaic plant in El Salvador.

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