Juan Luis Bosch: Guiding CMI Capital Through Innovation and Sustainability

Juan Luis Bosch Gutiérrez, Chairman of CMI Capital, has been a transformative figure in the growth and modernization of CMI, Corporación Multi Inversiones (CMI). His leadership has been crucial in positioning CMI Capital as a multilatin entity with a presence in over 16 countries, renowned for its commitment to sustainability and innovation.

Bosch’s journey with CMI, a company rooted in Guatemala since 1920, has been instrumental in its evolution and success across various sectors.

Juan Luis Bosch’s Leadership and Career

Juan Luis Bosch Gutiérrez has played a key role in CMI’s development and expansion. Since joining the company in the 1970s, he has guided the corporation’s growth and diversification strategies. Under his leadership, CMI has expanded its presence throughout Latin America, creating jobs and fostering economic and social development. In 2018, Bosch was appointed Chairman of CMI Capital, a business group focused on impact investments that drive sustainable development.

Bosch has led significant projects in renewable energy, real estate development, and finance, promoting sustainable and responsible business practices. His strategic vision has positioned CMI Capital as the largest private producer of renewable energy in Central America and the Caribbean, using hydroelectric, wind, and solar energy projects.

Alongside Juan José Gutiérrez Mayorga, Chairman of CMI Foods, Bosch represents the third generation of family leadership at CMI, driving the corporation’s growth and positive impact in the region and globally.

Renewable Energy Projects and Sustainability

Under Mr. Bosch’s leadership, CMI Capital has implemented several renewable energy projects that stand out for their positive impact on the environment and local communities. Among the most notable is the Renace Hydroelectric Plant in Guatemala, which features four cascading plants with a total capacity of 301 MW. This project exemplifies how energy can be generated efficiently and sustainably, contributing to carbon emission reductions in the region.

Other projects include the Choluteca Solar Park in Honduras, with 70 MW, and the Cerro de Hula Wind Farm, also in Honduras, with 126 MW. Additionally, the partnership with AES El Salvador to operate the Bósforo project, which reduces 175,000 tons of CO2 annually, underscores CMI Capital’s commitment to clean energy solutions. In Nicaragua, the Eolo Wind Farm and wind farms in Costa Rica, including Alisios, Orosí, and PESRL. All of these projects highlight CMI Capital’s dedication to wind energy.

Sustainability Strategy and Social Commitment

In 2022, CMI Capital unveiled its "Strategy with Purpose," a sustainability plan guiding its decisions and operations. This strategy is based on three key objectives for 2030: expanding the renewable energy matrix, developing square meters of construction with sustainability criteria, and financing projects with Environmental, Social, and Governance (ESG) standards.

CMI Capital’s dedication to sustainability is reflected in its objective to expand the renewable energy matrix by at least 330 MW, reduce its carbon footprint, and avoid the emission of 500,000 tons of CO2 annually. In the real estate sector, the company aims to develop 200,000 square meters of urban and industrial spaces under a sustainability criteria. Additionally, they plan to allocate $32.5 million to finance projects that meet ESG standards, thereby promoting responsible business practices.

Juan Luis Bosch’s leadership at CMI Capital has been fundamental to the company’s growth and success in Latin America. Mr. Bosch's focus on innovation and sustainability has positioned CMI Capital as a leader in renewable energy solutions and sustainable development. The projects implemented under his strategic vision have not only contributed to carbon emission reductions and economic development but have also positively impacted local communities. Bosch’s vision and commitment to a sustainable future will remain crucial to CMI Capital’s continued success and its contribution to social and environmental progress in the region.