{"id":500926,"date":"2026-02-25T14:16:50","date_gmt":"2026-02-25T18:16:50","guid":{"rendered":"https:\/\/deultimominuto.net\/en\/uncategorized\/banco-popular-finances-more-than-us600-million-in-renewable-energy-by-the-end-of-2025\/"},"modified":"2026-02-25T14:16:50","modified_gmt":"2026-02-25T18:16:50","slug":"banco-popular-finances-more-than-us600-million-in-renewable-energy-by-the-end-of-2025","status":"publish","type":"post","link":"https:\/\/deultimominuto.com\/en\/uncategorized\/banco-popular-finances-more-than-us600-million-in-renewable-energy-by-the-end-of-2025\/","title":{"rendered":"Banco Popular finances more than US$600 million in renewable energy by the end of 2025"},"content":{"rendered":"Banco Popular Dominicano reported that by the end of 2025, it had financed renewable energy projects for an amount exceeding US$600 million, with an associated installed capacity of 1,000 megawatts (MW), distributed across more than 20 initiatives currently in operation in various regions of the country.\n\nThese operations include direct financing, syndicated loans, fiduciary structures and participations as a guarantee agent, in solar, wind and biomass projects.\n\nThe installed capacity of these green energy projects represents approximately 38.3% of the total renewable generation currently in operation in the Dominican Republic, positioning the bank as one of the main facilitators of sustainable energy development nationwide.\n\nThese information were provided by Mr. Francisco Garc\u00eda, Vice President of the Investment Banking Area, within the framework of the international forum Concordia Horizon Summit 2026, held in the city of Punta Cana, which brought together leaders from the public, private and civil society sectors to address the main challenges of the global and regional agenda.\n\nStrategic boost to renewable energies\n\nThe projects supported by Popular are located in thirteen provinces, reflecting a broad and geographically diversified territorial coverage within its energy financing portfolio.\n\nThe provinces with projects in operation that have the bank&#8217;s participation are Montecristi, Puerto Plata, Mar\u00eda Trinidad S\u00e1nchez and Santiago in the northern region; Santo Domingo, San Crist\u00f3bal and Peravia in the south-central region; Azua, Ban\u00ed, San Juan de la Maguana and Barahona in the southwest; and San Pedro de Macor\u00eds and La Romana in the eastern region of the country.\n\nAmong the most representative operations by financing volume are the Coastal Solar project, located in San Pedro de Macor\u00eds, with an installed capacity of 131 MW and a loan of US$120 million; support for the CEPM Zero project for US$130 million, which includes individual parks as well as the installation of solar panels on the roofs of hotels in the Punta Cana area; the Cotoper\u00ed I, II and III parks, located in La Romana, with a capacity of 162.6 MW and financing of US$100 million; the Pedro Corto park located in San Juan de la Maguana with a capacity of 82.7 MW and financing of US$57 million; the Matrisol and Los Negros parks of the Akuo group, located in Mar\u00eda Trinidad S\u00e1nchez and Azua, with a capacity of 67 MW and financing of US$48.6 million; and the Zonaxol park of 60 MW and financing of US$28.8 million, this being the first large-scale park to be built on the roofs of industrial warehouses in a free trade zone.\n\nAdditionally, the bank, from its role as advisor in the structuring of public offering instruments, structured the first two green bonds of the Dominican securities market: the Larimar Public Offering Trust for US$100 million, and the Banco Popular green bonds placed to date for RD$300 million.\n\n\n<p class=\"wp-block-paragraph\"><strong>Sustainable Vision<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Banco Popular has participated in these initiatives under different schemes, including its role as a principal creditor, loan arranger, fiduciary administrator, or collateral agent. Likewise, it has channeled resources through special purpose funds, with the aim of expanding the availability of financing for electric generation projects from renewable sources.<\/p>\n\n\nThe institution indicated that these operations include technical and financial support to the promoters, from the initial structuring to the execution, which facilitates the implementation of projects with a high level of technical and financial complexity.\n\nThis support for renewable energy development demonstrates Popular&#8217;s sustainable vision to contribute to the reduction of the carbon footprint in the country.\n\n<strong>Clean energy in the bank&#8217;s own operations<\/strong>\n\nIn addition to its participation in the financing of projects at the national level, Banco Popular Dominicano has incorporated the use of renewable sources in its own institutional energy consumption.\n\nThe entity has 59 photovoltaic solar panel systems installed in its branches, including the Ta\u00edno Casa del Cord\u00f3n Cultural Center, which contributes to an average annual production of 14,477 megawatt-hours (MWh). This clean generation, along with the supply from AES Dominicana to power the Torre Popular Complex, currently represents 59% of the total electrical energy consumed by the bank.\n\nThe bank&#8217;s internal renewable generation infrastructure includes 13,100 solar panels, with an installed capacity of 3.8 MW, allowing for an estimated average annual reduction in emissions of 8,484 tons of CO\u2082.\n\nIn the case of the Complejo Torre Popular, the energy supplied by AES Dominicana comes directly from the Bayasol photovoltaic plant, with 4 MW dedicated exclusively to supply that installation.","protected":false},"excerpt":{"rendered":"<p>Banco Popular Dominicano reported that by the end of 2025, it had financed renewable energy projects for an amount exceeding US$600 million, with an associated installed capacity of 1,000 megawatts (MW), distributed across more than 20 initiatives currently in operation in various regions of the country. These operations include direct financing, syndicated loans, fiduciary structures [&hellip;]<\/p>\n","protected":false},"author":5401,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","_members_access_role":[],"_members_access_error":""},"categories":[1],"tags":[],"class_list":["post-500926","post","type-post","status-publish","format-standard","category-uncategorized"],"acf":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/phj1q1-26js","jetpack_featured_media_url":"","dum_api":{"author_name":"Mart\u00edn Adames","author_image":"https:\/\/deultimominuto.com\/wp-content\/uploads\/2025\/02\/cropped-WhatsApp-Image-2025-02-11-at-11.04.20-AM-96x96.jpeg","categories_name":["Uncategorized"],"featured_media_url":null},"_links":{"self":[{"href":"https:\/\/deultimominuto.com\/en\/wp-json\/wp\/v2\/posts\/500926","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/deultimominuto.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/deultimominuto.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/deultimominuto.com\/en\/wp-json\/wp\/v2\/users\/5401"}],"replies":[{"embeddable":true,"href":"https:\/\/deultimominuto.com\/en\/wp-json\/wp\/v2\/comments?post=500926"}],"version-history":[{"count":0,"href":"https:\/\/deultimominuto.com\/en\/wp-json\/wp\/v2\/posts\/500926\/revisions"}],"wp:attachment":[{"href":"https:\/\/deultimominuto.com\/en\/wp-json\/wp\/v2\/media?parent=500926"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/deultimominuto.com\/en\/wp-json\/wp\/v2\/categories?post=500926"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/deultimominuto.com\/en\/wp-json\/wp\/v2\/tags?post=500926"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}