Company Description
Cotoperí Solar FV S.L.R. (Cotoperí) is an operating company established by Acciona Energía
Global, SL (Acciona Energía) and Cotosolar Holding S.A. (Cotosolar), with the sole purpose to
develop and operate the Cotoperí PV Solar Park. The entity has a total planned net installed
capacity of 162.6 megawatts peak (MWp) and an estimated annual production of 276.1 megawatt
hours (MWh). Cotoperí’s portfolio will consist of three solar PV facilities of 54.20 MWp each
(Cotoperí PV Solar Park I, II, and III) located in the province of La Romana, the Dominican
Republic. The entity estimates that commercial operations will begin in 2025. Cotoperí has
secured power purchase agreements (PPAs) of 15 years with local distributors, and expects to
sell energy at spot market prices after PPAs’ expiration.
Cotoperí is owned by Acciona Energía (51%) and Cotosolar (49%). Acciona Energía, the controlling
shareholder, is a renewable energy company based in Spain, with a total net installed capacity of
13.6 gigawatts (GW) as of 2023 and operations across 20 countries. Meanwhile, Cotosolar is an
investment vehicle, whose shareholders are JMMB Fondo de Inversión Cerrado de Desarrollo de
Sociedades de Energía Sostenible, Grupo País and other minority investors based in the
Dominican Republic. Cotoperí adopts the policies and procedures of the controlling shareholder.