IR
MPC Capital successfully sells Jamaica's largest solar power plant
16 Apr 2025
Hamburg, 16 April 2025 - Investment and asset manager MPC Capital (Deutsche Börse, Scale, ISIN DE000A1TNWJ4) announces the successful closing of the sale of the Paradise Park PV solar power plant in Jamaica. The 51 MWp solar park, the largest in the island nation, was sold by MPC Caribbean Clean Energy Limited to InterEnergy Group, an integrated energy solutions provider operating in Latin America and the Caribbean.
Commissioned in 2019, Paradise Park was the first asset of MPC Caribbean Clean Energy Limited and plays a central role in achieving Jamaica's sustainable energy goals. The project was developed in partnership with Neoen and financed by the French development bank PROPARCO and the Dutch development bank FMO.
Dr. Philipp Lauenstein, CFO of MPC Capital AG: “As our first project in the Caribbean, Paradise Park has been of significant importance for MPC Capital since the start of construction. We are therefore very pleased that our team has successfully managed this project over the entire cycle from development to construction and on to sale.”
About MPC Capital (www.mpc-capital.com)
MPC Capital is a global investment and asset manager for infrastructure projects. In the areas of maritime and energy infrastructure, MPC Capital initiates tailor-made investment solutions and offers a broad range of asset management services. With more than 300 employees, the MPC Capital Group manages Assets under Management (AuM) of EUR 5.1 billion. As a responsible company that has been listed on the stock exchange since 2000, MPC Capital actively contributes to financing the investment needs to achieve global climate goals.
Contact
MPC Capital AG
Stefan Zenker
Head of Investor Relations & Public Relations
Tel. +49 (40) 380 22-4347
E-Mail: s.zenker@mpc-capital.com
This release contains forward-looking statements that are subject to certain risks and uncertainties. Future results may differ materially from those currently anticipated due to various risk factors and uncertainties, such as changes in business, economic and competitive conditions, exchange rate fluctuations, uncertainties regarding litigation or investigations, and the availability of financing. MPC Capital AG assumes no responsibility to update the forward-looking statements contained in this release.
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PR: MPC Capital successfully sells Jamaica's largest solar power plant
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Contact
Stefan Zenker
Head of Investor & Public Relations
+49 (40) 380 22 - 4347
s.zenker@mpc-oceanic.com
About MPC Oceanic Group
The MPC Oceanic Group is a publicly traded investment and management company headquartered in Hamburg, Germany, with operations in the maritime and energy sectors. For more than 30 years, the company has been developing business models and platforms that are of key importance to global trade and the energy transition. Together with institutional investors and strategic partners, MPC Oceanic develops, structures, and finances investments in vessels and energy infrastructure. In addition to its investment business, the Group’s companies provide operational services to industrial customers and third-party owners, ranging from newbuilding supervision to technical and commercial management during operations. MPC Oceanic employs approximately 280 people in 10 countries and manages or operates more than 400 vessels and energy projects with a total value of approximately EUR 5.6 billion (“assets under management”). The shares of MPC Oceanic Group AG are listed in the Scale segment of the Frankfurt Stock Exchange (Deutsche Börse) under the ISIN DE000A1TNWJ4.
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