Panama City, Panama | November 27, 2022

From November 23 to 25, Greenwood Energy joined a delegation from our holding company, the Libra Group, who visited Panama City to conduct a dynamic agenda that included meetings with government leaders, educational entities, and representatives of the business sector. The delegation was led by the Executive Chairman of the Libra Group, George Logothetis. During his visit, George also participated in an interview conducted by the newspaper La Prensa, in which he announced the investment plans of the group in the energy sector of Panama through its clean energy subsidiary for Latin America, Greenwood Energy. The complete interview is available at

The agenda included a meeting with the President of Panama, Laurentino ‘Nito’ Cortizo, to discuss global business and Libra Group’s plans for development in Panama, a follow-up to the last meeting between the president and George Logothetis in September 2021 in New York. Separately, the delegation was joined by representatives from the US Embassy in Panama to meet with government officials including the Minister of Environment, Milciades Concepción, the Secretary of Energy, Jorge Rivera Staff, and the Comptroller General, Gerardo Felipe Solís Díaz, to discuss ways to advance the clean energy sector in the country. This meeting follows the announcement of ɅLMɅ MɅTER, an academic and technical partnership between Greenwood Energy and the University of Panama which includes the construction of a 40MW utility scale solar project that will enable the University to become the first public Latin American university powered entirely by sustainable, clean energy. To learn more about this project visit

During the visit, the delegation also held a meeting with the leadership of the University of Panama, led by its rector, Dr. Eduardo Flores, marking the start of a new curriculum of renewable energy training as part of the “Framework Agreement for Academic Collaboration and Technical Assistance” behind ɅLMɅ MɅTER. Through this initiative, Greenwood Energy will fund scholarship grants, research and development programs, training, internships, laboratory equipment, and more to build renewable energy talent in the country. Also, at the Universidad Tecnologica de Panama, George Logothetis participated in a Q&A session with nearly 100 students about Libra Group and global business trends.

The trip concluded with a visit to Voces Vitales, a non-profit Non-Governmental Organization dedicated to promoting the participation of women in society and their education, health, and equitable access to opportunities to achieve a profound social transformation. Among their initiatives, Voces Vitales sponsors an 18-month program to support the growth and potential of teenage mothers who need assistance, sharing their deeply moving stories with our group. Following the visit, the Libra Group pledged to use its social programs to find ways to support the organization.

Libra Group also renewed commitments to deepen its support of Panama, including sponsoring maternal mental health trainings conducted by the Seleni Institute and growing its presence in the country, and expanding opportunities to Panamanian students with great promise through the Libra Internship Program, among other initiatives.

To learn more about the trip, watch the video from President Cortizo at