Baru Energy Partners
Company focused in private equity investments in power generation in Latin America. Currently has a General Partnership interest in the Private Equity Fund InterEnergy, that control 40% of the power generation business in Dominican Republic.
Formed in 2011 by private equity fund InterEnergy Partners LP, InterEnergy Holdings (“InterEnergy” or the “Company”) is a Cayman-based holding company that owns and operates power generation and distribution assets in Latin America and the Caribbean.
Our predecessor, Basic Energy Ltd., led by power entrepreneur Rolando Gonzalez Bunster, had over 25 years of investment and operational experience in the power sector having acquired and developed over 1,500MW in the Dominican Republic, Argentina, Panama and Jamaica.
Today, InterEnergy is one of the largest investors in the power sector of the Dominican Republic with controlling positions in Consorcio Energético Punta Cana Macao (“CEPM”) and Compañía de Electricidad San Pedro de Macorís (“CESPM”). In addition, InterEnergy is, indirectly, holds the largest economic interest (51.3%) in Haina Investment Company, the private sector shareholder of EGE Haina. The InterEnergy Holdings portfolio companies represent over 1,000MW of combined installed capacity in the Dominican Republic, with another 250MW under construction. More recently, InterEnergy announced the development of a new LNG terminal in the Southern coast of the Dominican Republic in ordert to tap the underserved demand for cheaper fuel in the country.
InterEnergy, through its predecessor, was also the renewable energy pioneer in the Dominican Republic, establishing the country’s first wind generation park, a partnership between EGE Haina and CEPM in Juancho Los Cocos. The Company will continue to focus on renewable and clean energy, with several important projects already in its investment pipeline.
Our goal is to continue to strengthen our leading position in the Dominican market through continuous investments in technology and additional capacity, in order to bring reliable and cost-efficient electricity to the growing market. We also plan to leverage on our experience to expand into other markets in the Caribbean and Latin America.
More information at http://www.interenergy.com/