Madrid, Spain

Signing Act of two ‘Young Talented Leaders’ Scholarships

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In a ceremony held at Instituto de Empresa (IE), Fotowatio Renewable Ventures (FRV) signed a new agreement with IE university, the IFC (International Finance Corporation), EBRD (European Bank for Reconstruction and Development) and Proparco to create two scholarship opportunities for students in Jordan.

The scholarships -called Young Talented Leaders Scholarship- are given as part of FRV’s commitment to developing communities in which it operates ,and in this case are related to two projects in Mafraq, region located in the north of Jordan. This way, the projects called Mafraq I and Mafraq II, of 65 MW dc each, enable FRV to award two scholarships to study at IE University. One of them was awarded to the student Sarah Riyad al Atiyat, who began her studies on September 2016, and the other one corresponds to the academic year 2017-2018.

The Ambassador of Jordan to Spain, His Excellency Mr. Ghassam Abdel Rahim Odeh Majali, as well as representatives from FRV, Abdul Latif Jameel – who acquired FRV in 2015- EBRD and Proparco, attended the agreement, signed this morning by Rafael Benjumea, CEO of FRV, and the President of IE Business School Diego del Alcázar.

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Javier Esquivias

General Deputy Director, Elecnor

FRV has always been a pioneer. From the first time they came to us 10 years ago, they really made an impact with their vision and La Magascona, which was a project of a huge magnitude at that time.

Gianfranco Carassale

Lead Investment Officer, Inter-American Investment Corporation (IIC)

The pioneer spirit is something that has always characterized Rafael and José’s team, from their decision to enter the solar energy business to their expansion to new markets with an aggressive strategy able to capture them.

José Benjumea

Founder, FRV

We believe that our success needs to have a positive impact in those regions where we operate and that education is the best channel to meet this goal, and to improving the future of those communities that embrace our projects