March 17, 2021
MPC Caribbean Clean Energy Limited (MPCCEL) has advised that Tila Wind Corporatión S. A. (Tilawind), the project company owning the 21 MW Tilawind wind farm in Costa Rica, was informed by Instituto Costarricense de Electricidad (Grupo ICE), the Costa Rican government-run electricity and telecommunications services provider, that the tariff for this calendar year will be reduced effective February 10, 2021.
MPC Caribbean Clean Energy Fund LLC (Fund) is in the process of assessing the commercial impact on revenues and overall asset value. Tilawind is a 100% subsidiary of CCEF ANSA Renewable Energies Holdings Limited in which the Fund holds a 50% shareholding. The Fund is the “Investment Company” in which MPC Caribbean Clean Energy Limited exclusively invests. For further details, please visit www.jamstockex.com
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