Caribbean Infrastructure News

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:…

December 28, 2021

IDB closes year with nearly US$20 billion in new financing for the Caribbean and Latin America

The Inter-American Development Bank (IDB) and its private-sector arm, IDB Invest predict they will end 2021 with $19.5 billion in new investments for…

December 20, 2021

MPC Energy Solutions and Leclanché form strategic collaboration for utility-scale energy storage solutions in St. Kitts and Nevis

MPC Energy Solutions (MPCES) has partnered with Leclanché, one of the world’s leading energy storage companies, publicly listed in Switzerland…