Jamaica and Trinidad and Tobago listed investment company MPC Caribbean Clean Energy successfully raised additional funds via a rights issue
Hamburg – 31 January 2020 – MPC Capital AG made another important step forward to further grow its renewable energy business in Central America. By way of a rights issue with local investors, MPC Caribbean Clean Energy successfully sold about 10 million shares, growing the equity base to about USD 22 million.
MPC Caribbean Clean Energy will use the capital raised to enable investments into additional renewable energy projects in the Caribbean. The Company aims to further develop and refine its renewables platform in the region, while also offering new, attractive investment opportunities.
Martin Vogt, Managing Director Renewable Energies at MPC Capital, said: “We enable our investors to invest in the future. Eco-consciousness and attractive returns are by no means mutually exclusive, especially in an area as attractive as the Caribbean. The investor-friendly political environment coupled with a natural abundance of green energy resources provides an ideal framework for cashing in on renewable infrastructure assets.”
“We are also seeing strong interest from investors who have not yet been able to invest due to the local focus of the investment vehicle,” Mr Vogt continued. “We will also offer these investors a platform to participate in this highly interesting growth market.”
About MPC Capital AG
MPC Capital AG is an international asset and investment manager for real asset investments. Together with its subsidiaries, the company develops and manages real asset investments and investment products for international institutional investors, family offices and professional investors. Its asset categories of focus are Real Estate, Shipping and Infrastructure. MPC Capital AG is listed on the stock exchange (MPCK) since 2000 and has around 300 employees group-wide. More details at www.mpc-capital.com
MPC Capital AG
Head of Investor Relations & Public Relations
Phone. +49 40 38022-4347
Montieth & Company
Phone: +1 (646) 864.356
Kathrin Schindler / Charles Font
Montieth & Company
Phone: +44 020 38651947
Email: firstname.lastname@example.org / email@example.com