CEPM announces an investment of 140 million dollars in the eastern part of the DR

May 23, 2018

The company said that the objective is to guarantee the energy supply with total redundancy, and thus to face any atmospheric or unforeseen phenomenon that could affect the customers of its concession areas.

MADRID.- The Consorcio Energético Punta Cana – Macao (CEPM) will invest 140 million dollars in 2018 in its concession area in the Dominican Republic. This was announced by the president of the company, Rolando González Bunster, as part of the meetings of the International Tourism Fair 2018 (FITUR), which takes place in this city.

“This investment program will be the most important in the history of CEPM. With this we reaffirm our commitment to the Dominican tourism sector in line with the national goal of reaching the 10 million tourists who visit the country, “said Gonzalez Bunster, who is also president of InterEnergy Holdings, parent company of CEPM.

The executive explained that the investments include the installation in Bávaro of an additional 90 MW of conventional and solar generation, and a voltage stabilization system in the transmission network that goes from San Pedro de Macorís to Bávaro.

He added that the objective is to guarantee the energy supply with total redundancy, and thus to face any atmospheric or unforeseen phenomenon that could affect the customers of its concession areas.

In addition, he indicated that CEPM will invest in new platforms for the supply of high-efficiency thermal energies for the hotel industry, providing lower costs that result in greater competitiveness and efficiency in the operations of hotel clients.

When approached by the press, González Bunster also indicated that within its plan of sustainability and corporate social responsibility, CEPM will invest, together with hotel businessmen, in a regional plant in the Bayahibe area for the treatment of wastewater and aqueduct, as way to protect natural water sources and the environment.