CMI Energy: Innovation through Sustainable Investments
The globalization of markets, instantaneous communications, and technological transformations in production processes in general, have changed the nature and structure of corporations.
This is the case of Corporación Multi Inversiones (CMI), a multi-Latin family corporation with operations, through its various business groups, in several countries in the Latin American region. CMI is a conglomerate jointly led by CMI Capital Chairman Juan Luis Bosch Gutiérrez and CMI Foods Chairman Juan José Gutiérrez Mayorga.
For CMI, and within the vision of its leadership, reaching out to other regions remains desirable, and its faith in business multilateralism in this regard is manifest:
“We innovate to grow and transform ourselves; we seek to expand operations in new markets, and we join forces in the industries in which we participate to transcend,” says CMI Capital Chairman Juan Luis Bosch.
Commitment to sustainable development through innovation
Sustainable business practices, ranging from environmental awareness to corporate social responsibility, are becoming important priorities for investors.
Companies’ awareness of the relationship they have with the world around us has increased. It is within this reflection that the pioneering work of CMI Capital’s Energy Business Unit, which promotes renewable power generation projects, has had the greatest impact.
“We are committed to the sustainable development of the communities where we have a presence, which is why we invest time and resources to create programs and projects that contribute to achieving that goal,” says Juan José Gutiérrez, Chairman of CMI Foods.
This unit of the Corporation has become the largest private renewable energy generator in Central America, with an installed capacity of more than 800 MW. Thanks to these actions, the emission of more than 1 million tons of CO2 per year is avoided. Today, CMI Energy has 13 renewable energy projects in countries as diverse in the region as Guatemala, El Salvador, Honduras, Nicaragua, Costa Rica, and the Dominican Republic.
“Today we will continue to grow geographically beyond the Central American and Caribbean region; from CMI Capital’s perspective, we see some markets in Central America, in places where we are not yet present, as very attractive. We also see growth and geographic expansion in the Andean region of South America as very attractive,” said Enrique Crespo, CEO of CMI Capital.
Finding the best investments in the market is a full-time job, and doing so requires a great deal of effort. At CMI Capital, managers seek to choose the right selection of investments with the objective of achieving profitability at an appropriate level of risk, and above all, in projects that are environmentally responsible.
As such, CMI Capital has set an example of smart and visionary investing, especially because it takes the effort of creating a portfolio of beneficial and sustainable investments for its shareholders, and because it has opened up new investment opportunities that would otherwise not be available in Central America.
