DOMINION completes the sale of six photovoltaic parks in the Dominican Republic for over USD 375 million

DOMINION has completed the sale of six solar parks in the Dominican Republic for over USD 375 million, reinforcing its focus on developing sustainable energy infrastructure without holding a majority stake. The parks, with a total capacity of 321 MWp and long-term PPA contracts, generate cash inflows of USD 102 million. This transaction is part of the company’s strategy to position itself as a project facilitator for Independent Power Producers (IPPs), while retaining a 20% stake in the parks for three years. The operation reflects DOMINION’s commitment to the global energy transition, focusing on renewable energy, decarbonization, and the circular economy, while streamlining and optimising its portfolio.