Solar, wind in Central America: SunEdison to acquire GME

Including 243 MW of wind power plants, 82 MW PV plant portfolio in Costa Rica, Honduras and Nicaragua

SOLARSERVER - SunEdison, Inc. (Belmont, California, U.S.) on June 16th, 2015  announced that it has signed a definitive agreement to acquire 100 percent of Globeleq Mesoamerica Energy (GME), Central America's leading renewable energy company.

SunEdison will acquire a 70 percent interest in GME from Actis, a global pan-emerging market private equity investor focused on the energy sector, and a 30 percent interest from Mesoamerica Power Limited.

The acquisition will solidify SunEdison's position as the largest renewable energy developer in Central America as it expands its presence in the global renewable energy market.

Solar photovoltaic plant portfolio with a capacity of 82 MW DC located in Costa Rica, Honduras and Nicaragua

Through the acquisition, SunEdison will acquire GME's development and asset management platform: a portfolio consisting of four operating wind power plants with a capacity of 243 megawatts (MW) AC, and a solar power plant portfolio with a capacity of 82 MW DC located in Costa Rica, Honduras and Nicaragua; 80 MW AC of wind farms entering construction in Costa Rica; and a pipeline of 246 MW AC of wind under development in various countries across Central America.  

[...]

Read full article at SolarServer