Jul 2020 Financial News

MPC Caribbean Clean Energy Limited - Investment in Foreign Entity

Jul 23, 2020

Please be notified that on 13th July 2020 MPC Caribbean Clean Energy Limited has been submitted as a shareholder who invested in the Cayman Islands based company MPC Caribbean Clean Energy Fund LLC for a committed amount of USD 9,292,372.58.

MPC Caribbean Clean Energy Fund LLC (Fund) is the “Investment Company” in which MPC Caribbean Clean Energy Limited (Company) was supposed to invest as outlined in the Company’s Prospectus. The Investment Company is a Cayman Islands exempted company incorporated in the Cayman Islands in 2017. The Fund focuses primarily on solar PV and wind projects, which are expected to account for between 80% to 100% of overall investment.


Source:
The Trinidad and Tobago Stock Exchange Limited
Thursday 23rd  July, 2020