Globeleq Mesoamerica Energy (GME) is a company dedicated to the development, construction and operation of renewable energy projects in Central America and adjacent region.
The company was founded by the Mesoamerica Group as a private equity vehicle for investing in renewable energy projects. The Mesoamerica Group is a leading financial services firm in Central America, with regional expertise in mergers & acquisitions advisory work, strategic consulting and private equity management. The investors in Globeleq Mesoamerica Energy are well established regional business groups who have joined with Mesoamerica to pursue opportunities in the regional energy sector.
In 2004, Globeleq Mesoamerica Energy completed its first transaction with the successful acquisition of a 23MW operating wind farm in Costa Rica, Plantas Eólicas SRL (PESRL). Since then, the development team at Globeleq Mesoamerica Energy evaluated several thousand MWs of potential projects, and currently has several hundred MWs at various stages of active development, including the construction of the region's largest wind project, Energía Eólica de Honduras's 'Cerro de Hula' wind farm, now fully operational, which has a capacity of generating 102 MW in Honduras.
In January, 2010, a majority stake in Globeleq Mesoamerica Energy was acquired by Globeleq Generation Limited, an experienced operating power company, actively developing energy solutions for the emerging markets of Africa and the Americas. Globeleq develops economically sustainable projects that support the continued development of the electric power sector in these regions. The Mesoamerica Group maintains a minority stake in Globeleq Mesoamerica Energy. For more on the acquisition, click here.