DR1 Daily News - Dominican Republic

CIFI LATAM, S.A. and CIFI Sustainable Infrastructure Debt Fund L.P., would be involved in providing credit to North Bay Development, S.A.S. (an affiliate of Energía 2000, S.A.) for the refinancing of a 345kV, 128-kilometer transmission line located in the Montecristi and Santiago provinces of the Dominican Republic.

The improvement of transmission lines to reduce losses is key to the distribution of power in the Dominican Republic.

The line is essential for the distribution of the energy to be generated in Montecristi. The Montecristi power generation is the most important to go on the grid in 2025-2026 during the Abinader administration.

In the Monte Cristi province, construction includes the Manzanillo Power Land project, a 414 MW natural gas-fired plant, and the associated 345kV, 128km dispatch infrastructure currently being developed.

Read...