OPIC - New Energy Events

OPIC delegation visits Caribbean, discusses investment in energy
May 27, 2019
President of the U.S. Government0s development finance organisation, OPIC, concludes successful visit to the Caribbean to discuss infrastructure, energy, water, and women’s economic empowerment . “By partnering with our Caribbean neighbors to advance priorities like expanding access to low-cost energy, supporting critical infrastructure, and empowering women, OPIC is working to more effectively leverage private sector […]
El Salvador’s 100 MW solar PV project begins Phase 1 operations
May 24, 2018
El Salvador’s solar industry is growing, with the first 10 MW of ten solar PV plants inaugurated this week. When completed, the Bosphorus project will have 10 solar PV projects generating a total of 100 MW. AES El Salvador, the Salvadoran subsidiary of US power company AES Corporation, and the Guatemalan Corporación Multi Inversiones (CMI) are […]
El Salvador solar gets $50m funding
November 22, 2016
El Salvador might be seeing more solar in its future. The Obama administration announced its intention to provide further funding for renewable energy worldwide, including solar projects in El Salvador. The Overseas Private Investment Corporation (OPIC), the US government’s international finance division, will commit $50m towards eight utility-scale solar PV projects in El Salvador. These projects will […]
OPIC Board approves $135m financing for Ormat geothermal project in Honduras
September 21, 2016
The Platanares geothermal project by Ormat Technologies in Western Honduras will receive financing of US$135 million from OPIC, as part of a US$1 billion commitment by the organization to fund new development projects. The Overseas Private Investment Corporation (OPIC) approved the investment for the development, construction, and operation of the 35 MW Platanares plant. As […]
US Department of State Seeks to Strengthen Energy Initiatives in the Caribbean at CREF 2015
September 8, 2015
Regional policy makers will meet next month in Miami for the seventh annual Caribbean Renewable Energy Forum (CREF). United States’ Deputy Assistant Secretary for Energy, Robin Dunnigan, said that she looks forward to meeting with representatives from the Overseas Private Investment Corporation (OPIC) as well as with Caribbean ministers who are responsible for energy at […]
COO of OPIC, John Morton, imparts importance of clean energy in the Caribbean
September 3, 2015
In a recent blog post on the US State Department Website, John Morton, COO of the Overseas Private Investment Corporation (OPIC), details the importance of energy security and clean energy in the Caribbean region. Having recently signed a $43 million loan agreement with WRB Enterprises (CREF 2015 Gold Sponsor) for the construction of a 20 […]
Private Equity Taking a Closer Look at the Caribbean, Strong Presence on CREF Agenda
September 2, 2015
Reflecting an increased emphasis on the financing of Caribbean projects, the organizers of the Caribbean Renewable Energy Forum (CREF) are pleased to announce that Doug Hewson, Managing Partner of Portland Private Equity, Jose Ordonez, Managing Director at U.S. Renewables Group, and Doug Anderson, Partner at Power Capital Partners, are confirmed for a session led by […]
WRB Signs $47 Million OPIC Agreement to Build 20 Megawatt Solar PV Facility in Jamaica
June 29, 2015
Content Solar Ltd., a wholly-owned subsidiary of WRB Enterprises, recently signed a financial agreement with the Overseas Private Investment Corporation (OPIC), the U.S. Government’s Development Finance Institution. The agreement solidifies the $47 Million OPIC loan to support WRB’s development of a 20 megawatt grid-connected solar photovoltaic facility in Clarendon, Jamaica. The total project cost will […]