2025 ahead ayondo Franchise coming soon
Happy 
xMas Holidays
xMas Holidays
xMas Holidays
|
DGAP-News: MPC Münchmeyer Petersen Capital AG
/ Key word(s): Miscellaneous
Press release MPC Capital announces the successful completion of construction activities of 6.4 MWp solar PV park and further investments in renewable energy in El Salvador The commercial operation date is scheduled for early 2021 when the solar park is set to provide 6.4 MWp of power and avoid an estimated of 36,000 tons of CO2 emissions throughout its lifetime. With the completion of the construction, the solar park becomes part of the investment portfolio owned by MPC Caribbean Clean Energy Fund LLC. Throughout the development and construction of the San Isidro solar park and in partnership with Plan International, and other local humanitarian organisations, MPC Capital has also been supporting the local community. The project employed primarily local workforce and created a community engagement program that included a variety of activities such as workshops and food kits supply for economically vulnerable families in the local area during the pandemic. Martin Vogt, Managing Director of Renewable Energies at MPC Capital, said: "San Isidro Solar park is a clear example of how projects like this one can not only offer strong returns to investors but also be beneficial to local economies. By offering a number of new jobs locally, we are able to positively impact the community making the region more resilient while helping the fight against climate change. San Isidro is only our first project in the El Salvador, and we secured additional PPAs for further 20 MWp that we will build in 2021. Our aim is to have an operational portfolio of at least 50 MWp by the end of 2022." Juan Esteban Hernández, Head of Project Development at MPC Capital, said: "The successful completion of the San Isidro solar park, given the difficult weather conditions and complications due to the global pandemic, is no small feat. All development and construction teams and project partners have done an incredible job to ensure we can deliver a project that is key to the transition from fossil fuels to cleaner energy." Once commissioned, a 20-year USD-denominated power purchase agreement (PPA) with CAESS, the local subsidiary of the US-based energy company AES Corporation, will begin. MPC Capital signed an Engineering, Procurement and Construction (EPC) contract with Enertiva, a Central American solar and energy efficiency specialist for the construction of the San Isidro solar project. - ENDS - More details at www.mpc-capital.com
29.12.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
| Language: | English |
| Company: | MPC Münchmeyer Petersen Capital AG |
| Palmaille 75 | |
| 22767 Hamburg | |
| Germany | |
| Phone: | +49 (0)40 380 22-0 |
| Fax: | +49 (0)40 380 22-4878 |
| E-mail: | kontakt@mpc-capital.com |
| Internet: | www.mpc-capital.de |
| ISIN: | DE000A1TNWJ4 |
| WKN: | A1TNWJ |
| Indices: | Scale 30 |
| Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 1157701 |
| End of News | DGAP News Service |
|
|
1157701 29.12.2020
P R O D U C T S U G G E S T I O N S
The information presented here has been provided by our content partner EQS-Group. The originator of the news is the respective issuer, the company relating to the news, a publication service provider (press or information agency) which uses the distribution service of EQS to transmit company news to shareholders, investors, investors or interested parties. The original publications and other company-relevant information can be found at eqs-news.com.
The information you can access does not constitute investment advice. The presentation of our cooperation partners, where the implementation of investment decisions would be possible depending on the individual risk profile, is solely at the discretion of the person using the service. We only present companies of which we are convinced that the range of services and customer service will satisfy discerning investors.
If you are considering leverage products, familiarise yourself with the typical characteristics of the financial instruments beforehand. Take the time to determine the risk content of the planned investment before making an investment decision. Bear in mind that a total loss cannot be ruled out with leverage products.
For newcomers to the subject, we offer various options in both the training and the tools section, through which you can train theoretical knowledge and practical experience and thus improve your skills. The offer ranges from participation in webinars to personal mentoring. The range is continuously being expanded.
1 Lab features are usually functionalities that emerge from the think tank of the investor community. In the early stages, these are experimental functionalities whose development process is largely determined by use and the resulting feedback from the community. When integrating external services or functionalities, the functionality can only be guaranteed to the extent that the individual process elements, such as interfaces, interact with each other.
