Cox acquires a 24MW solar plant in Panama and accelerates its asset investment plan

The project, called Solar Pro, consists of two solar plants of 12 MW each, Solar Pro I and II, which are in full operation since the beginning of this year. The Spanish multinational Cox has acquired a 24 MW solar project in Panama after an investment of 20 million dollars. The project, called Solar Pro, consists of two solar plants of 12 MW each, Solar Pro I and II, which are in full operation since the beginning of this year. It is strategical…

Cox, a utility of water and energy, strengthens its position in Central America, one of its eight key growth regions, with the acquisition of Solar Pro, a 24MW solar plant in Panama with a long-term dollarized PPA (energy sales contract) of ten years. According to the company, Solar Pro is made up of two 12 MW solar plants each — Solar Pro I and Solar Pro II — both in full operation since the beginning of 2025. During the next decade, the projec…

Cox has acquired a 24 megawatt (MW) solar project in Panama after an investment of 20 million dollars (about 17.6 million euros), thus strengthening its position in Central America, one of its eight key growth regions, the company reported. Specifically, the project, called Solar Pro and which is made up of two 12 MW solar plants each in full operation since the beginning of this year, has a ten-year long-term dollarized energy sales contract (P…

The utility of water and energy explains that during the next decade the solar plant will supply approximately 10,000 homes, with a saving of 24,500 tons of carbon dioxide per year Cox proposes an exchange of shares to its Mexican subsidiary to win liq