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MPC Caribbean Clean Energy takes control of El Salvador solar park
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MPC Caribbean Clean Energy continues regional expansion
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MPC Caribbean Clean Energy Limited (MPCCEL), which raised US$10 million in new funding last month, has announced a new acquisition.
MPC Caribbean Clean Energy Fund LLC, the investment company of MPC Caribbean Clean Energy Limited, signed off on the acquisition - a 6.4 MWp solar park San Isidro in El Salvador.
The acquisition is subject to customary conditions and is expected to be closed in the first quarter of 2021. while commercial operations date is scheduled for early January 2021, the company disclosed.
San Isidro solar park in Central America will help to avoid an estimated 36,000 tons of CO2 emissions throughout its lifetime, stated MPCCEL.