The company was originally founded by the Mesoamerica Group as a private equity vehicle for investing in renewable energy projects. In January, 2010, a majority stake in the company was acquired by Globeleq, a leading developer, owner and operator of independent power projects in emerging markets.
Globeleq’s skills, experience and successful track record in power generation assets in the emerging markets coupled with the Mesoamerica Group’s unparalleled experience and track record in M&A and private equity transactions in the region provides a dedicated network of support for the future growth of GME.
Globeleq develops economically sustainable businesses that support the continued development of the electric power sector in its target markets and actively participates in the communities in which it operates. Since the company’s launch in 2002, it has participated in nearly 14,000 MWs in 27 countries, investing more than US$1.3 billion of equity across 44 different power projects.
The Americas region offers an array of attractive and challenging opportunities. Globeleq has a successful track record in the region and has helped build the leading wind energy company in Central America through its majority ownership in GME.
For more information on Globeleq, go to www.globeleq.com
Mesoamerica began in 1996 as a private equity fund, and then added investment banking and strategic consulting practices in 1998. In private equity, Mesoamerica is focused on making large-scale investments in a variety of business sectors throughout the region. At the end of 2003, Mesoamerica re-launched its private equity practice via the creation of Mesoamerica Capital Partners (MCP).
The investor group in MCP includes a number of the most prominent and well-respected individuals and families in Central America. The investors represent some of the largest business concerns in the region, including airlines, banks, real estate, construction materials, and agro-industry, among others.
For more information on Mesoamerica, go to www.mesoamerica.com