Caribbean Infrastructure News

February 11, 2022

Akuo Energy and GAM Capital To Develop 53-MW Matrisol Solar Project in the Dominican Republic

The Dominican Republic National Energy Commission (CNE) signed an agreement granting French power producer Akuo Energy and investment fund manager GAM…

February 9, 2022

The Puerto Rican Energy Bureau Approves 18 Photovoltaic Energy Projects

The Puerto Rican Energy Bureau approved the development of 18 photovoltaic energy storage and distribution projects on the island, with a total…

February 8, 2022

CREF 2022 Awards for Excellence

New Energy, organizers of the Caribbean Renewable Energy Forum (CREF), is pleased to announce the 4th CREF Industry Awards to recognize excellence…

January 25, 2022

IDB Invest Allocates USD 24 Million to Soleco for Solar Photovoltaic Development

IDB Invest committed USD 24 million to Soleco Energy (Jamaica) Limited to develop solar photovoltaic plants in Jamaica. The financing will come from a…

January 24, 2022

BMR Secures USD 88 Million Loan to Refinance Solar and Wind Project Debt

BMR Energy uses USD 88 million loan from CIBC FirstCaribbean International Bank and National Commercial Bank Jamaica Limited (NCB) to refinance the…

January 17, 2022

STOA Invests in Phase II of Wind Farm Expansion in the Dominican Republic

Grupo Energético 23 and STOA S.A. (STOA) partner on a deal for STOA to invest in the expansion of the Poseidón Energía Renovable, S.A. 100MW Los…

January 17, 2022

BVIEC Evaluates 19 Applications for Paraquita Bay Microgrid Project

The British Virgin Islands Electricity Corporation (BVIEC) received 19 applications from companies looking to pre-qualify for the proposal to develop…

January 11, 2022

RUBiS Energy Jamaica will Acquire 80 Percent of Photosol France

RUBiS Energy Jamaica will complete a USD 422 million deal and acquire 80% of the solar energy company Photosol France. The agreement will allow RUBiS…

January 4, 2022

Banks look for mandates to finance Caribbean renewable energy projects

Caribbean commercial and investment banks, once hesitant, are now moving aggressively to finance clean energy projects across the region. Source:…