MPC Energy Solutions (MPCES) has agreed to sell its solar portfolio in Guatemala and El Salvador, including the Santa Rosa, Villa Sol, and San Patricio projects, to a Panamanian energy group for approximately $27 million.
MPCES Exits its Central America solar projects
In a significant strategic move, MPC Energy Solutions (MPCES) has announced an agreement to sell its complete solar project portfolio in Central America. The assets, which include the Santa Rosa and San Patricio projects in Guatemala and the Villa Sol project in El Salvador, are being acquired by a Panamanian energy group. The total transaction is valued at approximately $27 million, with the deal expected to close in the second quarter of 2026, pending shareholder approval.
The combined capacity of the projects being sold is 87.4 MWp, representing a substantial portion of the renewable energy infrastructure in the region.
The Santa Rosa project, located 95 kilometers southeast of Guatemala City, is a 10.8 MWp grid-connected solar facility. It operates under a seven-year USD-denominated power purchase agreement (PPA) with a local commercial off-taker.
Villa Sol, a 21.07 MWp ground-mounted solar facility, is situated in the Chalatenango department of El Salvador. This project contributes to the growing El Salvador solar panel manufacturing and renewable energy landscape. It is also grid-connected and secured by a 20-year USD-denominated PPA with CAESS, a local utility. Developing such large-scale facilities requires a deep understanding of the entire manufacturing process from sourcing materials to final installation.
Financial and Strategic Implications for Central America solar projects
The sale of these projects is a key step in MPCES’s strategy to optimize its asset portfolio and recycle capital. The net proceeds from the transaction will be strategically allocated, with MPCES planning to distribute a substantial portion to its shareholders. The remaining funds will be retained as reserves for future obligations and to support the development of new projects.
This capital reallocation allows the company to invest in new opportunities while delivering value to its investors. The decision underscores a disciplined approach to asset management, where the full lifecycle of a project, from initial investment based on a plant cost breakdown to a profitable exit, is carefully managed. The transaction will be put to a vote at a forthcoming General Meeting to secure shareholder approval.
Martin Vogt, CEO of MPCES, stated, “The completion of this transaction is another step in our strategy to optimize our project portfolio, recycle capital to support new project developments, and reduce our outstanding corporate bond.”
MPCES’s Renewed Focus on Central America solar projects
MPC Energy Solutions is a global provider of sustainable energy solutions, with a primary focus on developing, financing, building, and operating renewable energy and energy efficiency projects in Latin America and the Caribbean. The company has also expanded its footprint into select Asian countries.
MPCES collaborates with a diverse group of stakeholders, including communities, off-takers, and investors, to provide access to reliable and affordable energy. The company’s work involves navigating the complexities of the solar industry, from the sourcing of solar panel raw materials to the deployment of advanced technology.
The sale of the Santa Rosa, Villa Sol, and San Patricio solar projects marks a significant milestone for MPCES. This move not only strengthens the company’s financial position but also sharpens its focus on future growth areas. By recycling capital and returning value to shareholders, MPCES reinforces its commitment to a sustainable and profitable future in the global energy market.
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