By: Layza Sierra
Featuring an investment of USD$120M, the inauguration ceremony headed by President Danilo medina took place for the Larimar Eolic Park by EGEHAINA.
Located in the community of Enriquillo in Barahona, this eolic park features a setup production capacity of 49.5MW, thus achieving for the Dominican Republic to double its eolic capacity by reaching 420,000MW per hour, hence positioning their leadership in the Caribbean with this type of renewable energy generation.
The EGEHAINA CEO, Edgar Pichardo acknowledged during his speech the importance of eolic energy because of its efficiency and environmental benefits.
Inland, EGEHAINA produces 94% of the total eolic energy with its 40 aerial generators in the Los Cocos Eolic Park, plus the 15 new aerial generators recently set up in Larimar. Pichardo added that they will continue developing other projects for clean energy production, through the future expansion of this park with “Larimar 2”.
At the inaugural ceremony attended the INICIA Chairman, Felipe Vicini; the CEO of Haina Investment Company, Rafael Vélez, the president of the Estate Fund of Reformed Enterprises (FONPER), Fernando Rosa; and the GM for EGEHAINA, Marcelo Aicardi.
Aicardi highlighted that altogether the eolic parks of Los Cocos and Larimar will avoid the emission of 300,000 tonnes of carbon dioxide per year and will save the country from an import equal to 700,000 crude oil barrels. The EGEHAINA GM finally thanked the government authorities for having made possible for Larimar to become a reality through their support.
Likewise, also present at the ceremony were Rubén Jiménez Bichara, Exec. VP of the CDEEE; the director of the National Energy Commission (CNE), Juan Rodríguez Nina, and the Electricity Superintendent, Eduardo Quincoces, among others.
About EGE Haina:
EGE Haina is a company in the Energy and Industry portfolio of assets administered by VICINI.
The VICINI family has invested in different economic sectors in the Dominican Republic for over 140 years. VICINI is one of the companies that has contributed significantly to the development and industrialization of the country.