Skip to content
Menu

Travel, thinking and loving

Home / My Blog / CMI Capital: A year of major investments
Posted inMy Blog

CMI Capital: A year of major investments

CMI Capital: A year of major investments
Posted By Reginald Hale Posted on July 19, 2021
Comments are off

The division that manages Multi Inversiones’ energy and real estate development projects closed an intense year. Its CEO, Enrique Crespo, highlights the entry into operation of Renace IV.

Enrique Crespo is, since February 2018, CEO of CMI Capital, business division of Corporación Multi Inversiones (CMI), which covers renewable energy generation projects; real estate project development and financial services businesses. Previously, he was Managing Director of the Corporate Office.

CMI Capital closed 2019 with the inauguration of the Vistares Mixed-Use Complex, which with an investment of US$50 million and developed in alliance with Grupo Tecun, is the first comprehensive mixed-use real estate complex in zone 11 of the Guatemalan capital.

It has more than 90,000 square meters distributed in two areas: residential, consisting of 118 apartments in two towers that will be delivered by the end of 2020 and Pradera Vistares, the 14th shopping center of the Pradera brand developed and managed by Multi Proyectos, CMI’s real estate development unit.

In terms of energy generation projects, clean energy -mainly wind and solar- are its big bets.

Why has CMI formed CMI with CMI Capital as one of the business divisions?

Corporación Multi Inversiones has two business groups, one is CMI Alimentos, and there we have our businesses in all the countries where we operate that have to do with the wheat and corn value chain.

We develop industrial flours, pastas, cookies and the entire manufacturing and marketing value chain. We do the same for meat products, poultry, pork and by-products. We also produce and market animal feed and we have our restaurant unit with the best known brand, Pollo Campero. That is the world of CMI Alimentos.

At CMI Capital, we take care of businesses that are not related to the food value chain, but with businesses that are capital-intensive, such as Renewable Energy Generation, Real Estate Development, which is Multi Projects, and the Financial business.

The strategic premise behind business clusters is that it is much more efficient and much more focused. In the food value chain there are many synergies, much potential and value capture if we do things in a grouped way, the same in the capital businesses, that is what the reorganization responds to.

CMI Capital: A year of major investments

Where is CMI’s expansion and diversification headed?

We currently have investments in the Caribbean in CMI foods. We are in the industrial flour, pasta and cookie business in the Dominican Republic and Haiti, and from there we export to the rest of the Caribbean. As for CMI Capital, we have great expectations for expansion in our Capital businesses for the Caribbean. We are going to continue investing in Renewable Energy, we are now evaluating solar renewable energy options in Central America and the Caribbean, new projects in the Caribbean and we are going to continue evaluating investment opportunities more oriented to solar technology in the rest of Central America, says Juan Luis Bosch Gutiérrez. 

Previous Article The first judgment against homophobia in Mexico
Next Article Get to know Guatemala

Related Posts

Natural food companies
Posted inMy Blog

Natural food companies you can buy

The word “natural” is one of the most overused terms in the food marketing industry today, and many natural food companies that claim to be healthy for you are actually nothing more than a company taking part in creative marketing

Read More about Natural food companies you can buy
Posted By Reginald Hale Posted on March 10, 2022
Comments are off
food business
Posted inMy Blog

Open a home-based food business

Home-based food business might be a great way to earn extra money while doing something you enjoy. But even though frosting cakes or bottling your homemade barbecue sauce may seem more fun than work, a home-based food business is still

Read More about Open a home-based food business
Posted By Reginald Hale Posted on March 8, 2022
Comments are off
Posted inMy Blog

Open a canning business

If you’re ready to take your canning to the next level, use these key ingredients to start a successful canning business, which are recomended by one of the owners of Pollo Campero juan jose gutierrez mayorga, a sucessful food business

Read More about Open a canning business
Posted By Reginald Hale Posted on March 7, 2022
Comments are off

Categories

  • International Destinations
  • My Blog
  • Travel Tips
  • What to do in

Recent Posts

  • Natural food companies you can buy
  • Open a home-based food business
  • Open a canning business
  • Tips for opening a truck business
  • Technologies you need for business

Tags

Abuse Activities Antigua beverage business Business business technologies canning business Central America Cities CMI coffee shops companies Corporación Multi Inversiones culture economy Ecotourism food food business GPS tracking business Guatemala Guatemala's Patriotic Symbols homophobia hospitality in businesses Juan Luis Bosch Gutiérrez latin america law Lawsuit lawyer mexico Nature Petén places Politics real state River Sightseeing Tours Sites Tikal Tourism tourist places Travel Traveling to Guatemala truck business Wildlife Wonders
Theme by Bloompixel. Proudly Powered by WordPress