Akuo Energy and GAM Capital To Develop 53-MW Matrisol Solar Project in the Dominican Republic

The Dominican Republic National Energy Commission (CNE) signed an agreement granting French power producer Akuo Energy and investment fund manager GAM Capital permission to develop the 53-MW Matrisol solar project. Financing will come from Banco Popular Dominicano. Matrisol also has a long-lasting power acquisition agreement (PPA) with Cerveceria Nacional Dominicana, which will help with funding via GAM Energia.

Source: RenewablesNow