Updated: 18-09-2026 - 12:00PM 7 3 CLOSED
Sep 18, 2026
MPC CARIBBEAN CLEAN ENERGY LIMITED (“MPCCEL”) ANNOUNCES SALE OF ITS SHAREHOLDING IN SAN ISIDRO FOTOVOLTAICA, S.A. DE C.V.
Please be notified that on 11th September 2026 („Economic Transfer Date“) MPCCEL, through its subsidiary MPC Renewables Central America and Caribbean, S.A. (100% owned by MPCCEL), and MPC Oceanic Investments GmbH (formerly MPC Capital GmbH), entered into a Sale Purchase Agreement („SPA“) to sell its indirect shareholding in San Isidro Fotovoltaica, S.A. de C.V. („the Project“) to Potenza Holdings, S.A. de C.V. The agreed purchase price for the transaction is US$3.27 million, subject to customary post-signing and closing adjustments.
Completion of the transaction remains subject to the satisfaction or waiver of customary conditions precedent and is expected to be achieved by the end first quarter of 2027.
The SPA contains customary representations, warranties, indemnities and termination provisions for a transaction of this nature.
Please note, in December 2020, the Company acquired shareholding (indirect) in the Project, a 5 MWac solar PV plant located in CabaƱas, El Salvador. The Project reached Commercial Operation Date in early 2021.
Source:
The Trinidad and Tobago Stock Exchange Limited
Friday 18 September 2026