MPC Energy Solutions has announced its exit from the Colombian solar market, selling its stakes in three solar projects to Prosolia Energy. The projects—Los Girasoles, Helios, and La Cabaña—are in the early stages of development and have a combined capacity of 65 MWp. The sale price was not disclosed.
Colombian Solar Sale: Divestment from Projects
MPC Energy Solutions has sold its shares and shareholder loans in three Colombian solar projects—Los Girasoles, Helios, and La Cabaña—to the Spanish renewable energy developer Prosolia Energy. These projects, totaling 65 MWp, are in the early stages of development. The company is also divesting its interest in the operational 12.3 MWp El Carmen solar plant, further solidifying its exit from the Colombian solar market. This sale is expected to be finalized by the end of 2024.
Colombian Solar Sale: Focus on Core Markets
MPC Energy Solutions’ decision to divest its Colombian solar assets, including the operational 12.3 MW El Carmen solar plant and the 65 MW of development-stage projects, is part of a strategic refocusing on core markets. The sale to Prosolia Energy, a European renewable energy company, allows MPC to concentrate resources elsewhere. CEO Martin Vogt expressed confidence in Prosolia’s capabilities, stating, “We are confident that the projects will be advanced towards construction and operation. We wish Prosolia the best of success in this endeavor.” This strategic move comes at a time of significant growth in the global solar market, with a stunning 34% surge projected for 2024, according to PV Knowhow.
Prosolia Energy Expands Portfolio with Colombian Solar Sale
Prosolia Energy, a renewable energy developer with over 20 years of experience, has expanded its portfolio in Latin America with the acquisition of the three Colombian solar projects—Helios, La Cabaña, and Los Girasoles—from MPC Energy Solutions. This 65 MWp addition brings Prosolia’s global portfolio to over 1.8 GWp. For context, Colombia’s solar sector is experiencing considerable growth, as highlighted by PV Knowhow’s coverage of recent investments and project launches. These projects are projected to generate approximately 110,000 MWh of clean energy annually, enough to power 39,000 households, and will prevent the emission of 23,000 tons of CO2 each year. This acquisition aligns with Prosolia’s commitment to sustainable development and reducing greenhouse gas emissions. You can find more information on the Colombian solar market at PV Knowhow. With a strong 20-year track record and existing projects in Spain, Portugal, Italy, and France, Prosolia’s expansion into Colombia reinforces its presence in Latin America and supports its strategic goal of becoming a key player in the Colombian renewable energy market. The ongoing development of solar projects in the region, such as Enel Green Power’s recent launch of a 240 MWac solar plant, further underscores the growing importance of this market.
