Monte Plata 64MW photovoltaic power plant

2/4/2016

Project development, Project finance

Value:

$ 80 million

Status:

Completed

Date:

2/4/2016

Overview:

Monte Plata 64MW photovoltaic power plant
The Monte Plata solar plant was inaugurated in October 2016. This is said to be the largest solar project in the country.
The plant has a capacity of 64MW.
SOVENTIX is the developer and operator of the plant.
General Energy Solutions is the investor and owner.
FMO provided an $80 million loan to General Energy Solutions to develop the plant.

Rani Mehta - Journalist

Jurisdiction:

Dominican Republic

Deal types:

Project development
Project finance

Practice areas:

Project finance
Project development

Industry sector:

Energy

Firms:

Baker McKenzie

Party: General Energy Solution (Investor)

Lawyer: TIffany Huang

Jiménez Peña

Party: General Energy Solution (Investor)

Lawyer: Marcos Peña Rodríguez

Pellerano & Herrera

Party: FMO (Lender)

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