Globeleq Acquires 70% of Energías Renovables de Mesoamérica

©image: Yuki Yaginuma

ERM owns and operates a 23MW wind energy plant in Tilaran, Costa Rica and is developing in Honduras, the Cerro de Hula wind energy project with a designed capacity of 100MW. Additionally, ERM owns the rights of several potential renewable energy projects in the region.

"This is a very exciting acquisition for Globeleq. Wind power provides a clean, reliable and affordable alternative source of electricity generation and is an integral part of our strategy," said Mikael Karlsson, Globeleq's CEO. He added: "The addition of ERM's expertise and portfolio to the company positions us for further opportunities to develop sustainable and renewable energy businesses, enabling us to bring essential power to Central America and beyond."

Source: PR Newswire

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