Infrastructure - Page 10 of 11

Antigua and Barbuda: £13.9m CDB funding for new roads
December 13, 2016
Antigua and Barbuda will be making a major infrastructure upgrade to two major roads with the assistance of the Caribbean Development Bank (CDB). The CDB approved a grant of £13.9 million to assist the country with the rehabilitation of two major roads, the Sir George Walter Highway and Friars Hill Road, which connect the capital of […]
Suriname investing $98m in 3 solar plants and electricity upgrades
December 12, 2016
The Caribbean Development Bank (CDB) will loan $65m to the government of Suriname, and the government and utility will contribute $33.325 to make upgrades to Suriname’s electricity grid. The Board of Directors of the Caribbean Development Bank (CDB) approved the loan which will upgrade and expand sections of the country’s transmission, sub-transmission and distribution networks, […]
Coming to Costa Rica: charging stations for EVs
December 8, 2016
Costa Rica is a renewable energy powerhouse – often going weeks running its infrastructure with renewable energy only – so to lower carbon emissions further, the focus is shifting onto electric vehicles. South Korea’s POSCO ICT Co. announced Tuesday it has installed electric vehicle recharging stations in Costa Rica as part of its project to […]
Infrastructure finance giant relocating to Panama
December 6, 2016
The Inter-American Corporation for Infrastructure Financing (CIFI, http://www.cifi.com), a leader non-bank financial institution dedicated to run projects in Latin America and the Caribbean, is set to move its headquarters from Washington D.C. to Panama City. The objective of this measure is to leverage closer to the region to further boost its activity there. Since the beginning […]
Chile plans 1GW solar park
November 17, 2016
Chile plans to develop a 750 MW to 1 GW solar park to support the mining industry in the Atacama region. The new solar park, “Solar District” will need $4 billion of investment and create 3,000 jobs in the process. Plans for the solar park were announced at COP22 in Morocco by environment minister, Pablo […]
El Salvador to help on development of 5 MW geothermal project in Bolivia
November 2, 2016
Bolivia and El Salvador have negotiated a partnership in renewable energy infrastructure. One aspect of the agreement is a 5 MW MW geothermal project in Bolivia, built by LaGeo of El Salvador. The construction of a thermoelectric plant in El Salvador will also be supported by the agreement. Minister of Hydrocarbons and Energy, Luis Alberto […]
Government of Haiti to select bidder for port PPP
October 28, 2016
In July of this year, the government of Haiti issued a request for qualifications (RFQ) seeking private sector operators for the Cap Haitien Port PPP project. The government plans to name a preferred bidder in December 2016 and achieve financial close by late January 2017. The proposed project entails the lease, management, operation and maintenance of the international […]
2016 brings $33M in AFD investment in Caribbean infrastructure
October 28, 2016
Earlier this year, the Caribbean Development Bank (CDB) and Agence Française de Developpement (AFD) signed an agreement under which the latter will provide $33 million of financing in sustainable infrastructure projects in the Caribbean region. The agreement, announced 23 August, was signed in July at CDB’s Barbados headquarters by the French Ambassador to the Organisation […]
IJ Global, New Energy Events, & FirstCaribbean Join Forces to Launch Caribbean Infrastructure Forum
September 15, 2016
Global infrastructure publishing and event powerhouse, IJ Global, announced today that it has entered into an agreement with Caribbean specialists New Energy Events, the organizers of the annual Caribbean Renewable Energy Forum (CREF), to launch an event focused exclusively on the financing of critical infrastructure projects in the Caribbean. CIBC FirstCaribbean, one of the region’s […]