Recap Energy AB has sold 31.25MW of ground mounted solar projects in Colombia in line with its country strategy to streamline its asset base through divestments.
- The buyer, Energy DSS SAS, acquires three ground mounted solar projects for completing project development to COD status.
- Recap will continue supporting Energy DSS SAS in completing the development of the projects.
- The transaction underlines Recap’s streamlining process to focus activities in the C&I sector and energy storage.
Today, Recap Energy AB, through its subsidiary Recap Colombia SAS, has divested a 31.25 MW portfolio consisting of three ground mounted solar projects in the district of Pereira in Colombia. The transaction follows in the footsteps of the recent divestment of a 3.2 MW portfolio of solar rooftop projects, providing another strong signal of Recap’s ability to develop and transact solar projects.
Energy DSS SAS has acquired the portfolio as part of its ongoing successful strategy to consolidate investments in ground mounted solar projects in Colombia through strong skills of structuring and developing projects. The parties have built a strong relationship, and Recap will continue supporting Energy DSS SAS in completing the projects.
Recap Energy AB is a renewable assets developer headquartered in Stockholm, Sweden, with over five years of experience in developing, financing, and operating rooftop and ground mounted solar PV assets in Colombia. Energy DSS SAS is a leading company in the solar energy sector in Colombia, with a number of successful projects structured from Greenfield to COD, based in Bogotá, Colombia.
Combining local presence, energy market knowledge and strong financial acumen with a technology agnostic culture, makes Recap a highly versatile developer and partner in the energy transition for investors and energy companies.
Contact:
- Jesus Ortiz, CCO Recap Energy AB
Phone: +46 735107127, E-mail: jesus.ortiz@recap.se - Javier Lopez, Director Financiero Energy DSS
Phone: +57 322 8195080 , E-mail: jlopez@energydss.co