OPEN LETTER · LANZAROTE · TWO INDEPENDENT WORKSTREAMS

Resolve the past. Build the future.

Lanzarote can resolve a difficult legacy with documentary clarity and, independently, create the conditions for responsible new investment. We propose one opening conversation followed by two separate routes: the Sun Park/MYND Yaiza legacy and Montaña Roja, which Sun Rock is examining and actively pursuing as its preferred current route for a new hotel in Playa Blanca.

Current public position · updated 16 September 2026
Lanzarote umbrella document: this is the principal public route for the institutional conversation across the two workstreams.Project · scale · financial-relationship materials are maintained separately for relevant counterparties.

Executive read · 60 seconds

What we ask, what we are building and what we will never mix.

The letter is a common doorway, not one merged file. A reader should understand immediately the institutional request, the hospitality ambition and the legal firewall that keeps them separate.

01 · PastResolve Sun Park / MYND Yaiza through evidence and competence.

Complete the records, identify who can answer what, and keep facts, party assertions, inferences and open questions visibly separate.

02 · FutureRe-establish a hotel position in Playa Blanca.

The strategic decision has been made. Montaña Roja is the preferred current route and is being actively pursued, but transaction, rights, planning, technical, capital and execution still have to be proven.

03 · FirewallNeither route purchases, conditions or predetermines the other.

Recovery is not consideration for a licence, and future investment does not alter the legal or evidential standard applicable to the legacy.

Enter by the reader's role

Cabildo de LanzaroteTourism files · documents · island competence Yaiza CouncilLicences · municipal records · documentary basis
Project / seller-sideTransaction · rights · DD · planning · execution
Institutional capitalScale · illustrative P&L · financial architecture · boundaries

To the Presidency and team of the Cabildo · to the Mayor’s office and services of Yaiza Council

Lanzarote is a place in which we continue to believe.

Sun Rock and the entities involved in its recovery workstream have a long-term interest in hospitality, real assets and responsible initiatives that can add economic and social value to the island. We believe a mature institutional relationship can address an unresolved legacy without allowing it to define every future conversation.

01 · Resolve correctly

Close what can be closed

Complete the relevant records, identify the competent office and answer the questions that can be answered through documents and due process.

02 · Prepare responsibly

Advance the preferred route properly

Advance Montaña Roja while subjecting the transaction, rights, current planning route, technical case and capital structure to disciplined scrutiny before any completion or commitment is represented as final.

03 · Deliver local value

Measure impact, not slogans

If a future project proceeds, define local employment, skills, enterprise, resource-efficiency and public-realm outcomes that can be measured and reported.

This letter states an active working direction, not an acquired asset, approved development, financing commitment or request for preferential treatment.

Related context · independent decisions

Two workstreams that must never be confused.

The historic controversy and the future investment discussion may both concern Lanzarote, but they require different evidence, teams, procedures and decisions. Neither should be used to purchase, delay or predetermine the other.

Workstream A · legacy resolution

Sun Park / MYND Yaiza: close a difficult chapter correctly

The Sun Park history is long, contested and supported by a substantial public evidential record. This letter does not ask either institution to accept our conclusions without examination. It asks for a practical route to complete the record, identify what each competent body can answer and resolve matters that documentary clarity can resolve.

Objective: resolution where possible; lawful continuation through the proper procedures where disagreement remains.

  • Create a file-by-file documentary matrix.
  • Distinguish verified facts, party assertions, inferences and open questions.
  • Preserve all proceedings and rights while pursuing good-faith resolution.
Open the detailed Sun Park evidence record →
Workstream B · active future project

Montaña Roja: pursue the preferred route responsibly

Sun Rock is examining and actively pursuing Montaña Roja as its preferred current route for a new hotel in Playa Blanca. Due diligence still determines the complete transaction and rights perimeter, the current planning route, technical feasibility, project economics and the appropriate capital structure. No acquisition, planning approval, committed financing or construction decision is announced by this letter.

Current direction, subject to all conditions: a high-quality, non-residential hotel intended for unitary hotel operation, with only those complementary commercial, service and public-facing uses compatible with the hotel, the site and the applicable planning framework.

  • Complete and reconcile the private transaction and rights perimeter.
  • Confirm the ordinary planning, tourism, environmental and infrastructure route.
  • Prepare the technical, operating and capital case in parallel with the transaction.
Current project materials are maintained separately for relevant counterparties.

Sponsor and project architecture

Platform ambition does not erase the boundaries of each asset.

The new investment must be understandable and financeable on its own merits. Aweswell Limited provides the Sponsor layer; Sun Rock is the platform; each hotel should sit in a ring-fenced project structure and be underwritten separately.

HoldCo / SponsorAweswell Limited

Governance, Sponsor capital and corporate relationship, limited to assets and rights it can lawfully use.

PlatformSun Rock

Hospitality, investment, origination and progressive construction of a recurring institutional relationship.

Ring-fenced projectProjectCo

Acquisition, development, debt, covenants, accounts and asset-specific risks.

Operating assetHotel

Operations, EBITDA, refinancing and asset value once acquired, financed and stabilised.

Sun Park / MYND Yaiza remains outside this chain unless and until its rights are actually restored and capable of consolidation.

Claims, fruits, damages or other contingent rights do not become cash, current NAV, new-project security or ordinary debt-service support merely because they are published.

ProjectMontaña Roja

Transaction status, DD, rights, planning, programme, capital and safeguards.

ScaleSun Rock platform

Two-hotel stabilised scenario, P&L, gross assets and balance-sheet boundaries.

RelationshipFinancial architecture

Family/wealth, Aweswell/Sun Rock and ProjectCos as three independent reasons for a relationship.

Lanzarote social value

A future project should create value beyond the hotel boundary.

Social impact should be specified before it is celebrated. If Montaña Roja advances, the project team should publish a baseline, feasible targets and a reporting method before construction or operations claims are made.

01 · Work and skills

Local pathways into lasting employment

Construction and operational opportunities, vocational training, apprenticeships and progression routes connected to Lanzarote and Canary Islands talent.

02 · Local enterprise

Commercial space with a wider purpose

Explore opportunities for local retail, food, services, creators and small businesses within the public-facing commercial component, subject to feasibility and fair selection.

03 · Responsible place-making

Resource efficiency and island fit

Water and energy efficiency, landscape-sensitive design, accessibility, sensible mobility and public-realm improvements assessed through the applicable planning and environmental processes.

No invented numbers. Employment, procurement, investment, energy, water or community-benefit targets should be published only after technical and financial feasibility supports them.

One opening conversation · two working tables

Coordination without procedural confusion.

We propose a short opening meeting to confirm the architecture, followed by two separate working routes. Within the legacy route, the Cabildo and Yaiza must continue to answer only for their own files and powers.

Working table A · legacy files

A documentary-resolution matrix

For every material question: identify the file, institution, competent office, source document, outstanding request, evidential status and next action. The purpose is to make progress visible and prevent different legal categories from being merged.

  • Separate Cabildo tourism records from Yaiza municipal records.
  • Record what has been produced, what is missing and what is disputed.
  • Agree a practical verification and response sequence.
Open the Cabildo documentary route →
Working table B · future project

An ordinary pre-application and technical dialogue

Identify the applicable planning, tourism, environmental, infrastructure, water, sanitation, mobility and administrative requirements while the Montaña Roja transaction work advances, before substantial project capital or public claims are committed.

  • No request for a predetermined planning or licensing outcome.
  • No assumption that historic project materials remain effective.
  • No mixing of this route with any legacy claim or proceeding.
Project status and safeguards are maintained in separate project materials.
Cabildo de Lanzarote

Tourism-operation traceability

Which unit lists, authority documents, checks, reports and reservations were used in the relevant tourism files?

Open the Cabildo route →This route does not determine civil ownership or real rights.
Yaiza Council

Municipal file and licence traceability

Who was treated as owner, promoter, operator or representative, for which units, and on which municipal documents?

Open the Yaiza route →This route does not ask the Council to decide an insolvency or third-party liability.
Working proposal

Let us begin by speaking directly.

We request a short preparatory video call and, after that, the appropriate separate working meetings in Lanzarote. The opening call should confirm the two-workstream structure, identify the responsible teams and prevent any misunderstanding that one route is consideration for the other.

The first table can establish the legacy-document matrix. The second can identify the ordinary pre-application pathway for the active Montaña Roja workstream. Neither meeting should negotiate a predetermined institutional outcome.

Institutional safeguard

No exchange of past for future.

Clarity protects the institutions, the project parties and the public. The historic record and the future investment workstream must remain legally, evidentially and procedurally independent.

What this letter does not do. It does not offer future investment as consideration for the treatment of Sun Park/MYND Yaiza files. It does not make resolution of those files conditional on institutional support for Montaña Roja. It seeks no shortcut, waiver, predetermined conclusion or preferential treatment. The legacy route must depend on its own documents, facts, law and competent procedures; the future route must depend on its own acquisition, planning, tourism, environmental, technical, financial and public-interest merits.
Rights preserved. Nothing in this constructive invitation waives any allegation, defence, administrative request, appeal, proceeding, recovery right or request for evidence preservation. The detailed public record remains available on its existing pages.
For authoritiesAnswer by competence

Cabildo and Yaiza retain separate, verifiable documentary routes.

See tables and files →
For project readersProve execution

Montaña Roja remains subject to transaction, rights, planning, technical, capital and approvals.

For capitalUnderstand scale without inflating the present

The platform is explained through scenario, boundaries and separate underwriting.

One chapter deserves to be closed correctly. The next deserves to be opened responsibly.