San Pedro 30MW biomass power plant

16/2/2016
Project development, Project finance

Completed

16/2/2016


Overview:

  • San Pedro 30MW biomass power plant
  • The Dominican Republic’s first biomass power plant was connected to the grid in 2016.
  • The country’s largest biomass plant, it will have an eventual capacity of 60MW.
  • In February 2016, the project was refinanced with a loan from Banco Popular Dominicano, Banco Múltiple, Banesco, and Banco de Reservas de la República Dominicana

Rani Mehta - Journalist  

Jurisdiction:

Dominican Republic

Deal types:

Project development
Project finance

Practice areas:

Project finance
Project development

Industry sector:

Energy


Firms:

Party: Banco Popular (Lender)


OMG

Party: San Pedro Bio-Energy (Project developer, Borrower)