MODERN ENERGY Renewable Energy

THE ANSA MCAL GROUP CONTINUES TO INVEST IN RENEWABLE ENERGY IN THE REGION, WITH PLANS TO EXPAND THE MONTE PLATA SOLAR PARK IN THE DOMINICAN REPUBLIC.

2018: Wind EnergyInvestment in Tilawind wind farm, Tilarán in the Guanacaste province, Costa Rica

2021: Solar Energy - ANSA McAL and coinvestor MPC Caribbean Clean Energy Fund LLC, Grupo Pais Solar S.A. (GPS) along with two additional minority investors from the Dominican Republic and Canada, indirectly acquired full ownership of the Monte Plata Solar Park in the Dominican Republic

Plata Solar Park, Dominican Republic

TilaWind South America (TWSA) wind farm, Costa Rica

Both investments generate a significant amount of renewable energy, preventing a significant amount of GHG emissions in 2022, from what would otherwise be non-renewable sources of electricity. At Monte Plata, clearance of the 70-hectare site for Phase II has commenced. To minimise the environmental impact, protected

2023: Solar EnergyMonte Plata Phase II: to contribute an additional 42MW of electricity to the grid trees are being relocated rather than cut down. At the TWSA site, an audit conducted in September 2022 by local environmental authorities showed that the wind farm is not having a negative effect on the local bird and bat populations and confirmed that the waste oil generated from the farm is being responsibly managed.