2020News

Inkia Energy attracted by public-private partnership bill

The Central Bank reports that Inkia Energy has expressed interest in expanding their reach in the Dominican Republic. The company already has investments in the Puerto Plata Electric Company (CEPP), and last year began operations at the Agua Clara Wind Farm in Montecristi, also on the north coast. Inkia Energy is a subsidiary of Squared Capital, a global investment managing firm.

Citing the positive investment climate, the CEO of Inkia Energy, Willem van Twembeke, expressed his interest in a public-private alliance. The public-private alliance bill recently passed in Congress.

Inkia Energy operates and develops power generation facilities in Latin America and the Caribbean. It generates electricity through natural gas, hydroelectric resources, fuel oil, diesel, and wind. The company sells electricity to distribution companies and unregulated consumers under power purchase agreements, as well as to the spot market.

With headquarters in Lima, Peru, Inkia Energy has investments in the electric sector in nine countries in Latin America: Argentina, Bolivia, Chile, El Salvador, Guatemala, Nicaragua, Panama, Peru and the Dominican Republic.

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11 February 2020