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MPC lists in Jamaica and Trinidad

David Delaire, MD, MPC Capital, formally lists MPC Caribbean Clean Energy Fund Limited (MPC CCL) on the Jamaica Stock Exchange (JSE), to applause from (left-right) Mark Hart, director, MPC CCL; Michael Johnson, marketing officer, JSE; Allan Lewis, MD, JN Fund Managers, and Marlene Street Forrest, managing director of the JSE,...

Press Release

Energy Situation in Dominica January 09, 2019 Dominica receives EC$6.2M Grant for further Geothermal Development from Caribbean Investment Facility Dominica has secured a grant of EC$6.2 million (2 million Euros) from the European Union’s Caribbean Investment Facility (EU-CIF) to support further geothermal development in the Roseau valley, with the assistance of the Agence Francaise de Developpement (AFD). The funding...

BMR Energy Buys 5-MW Cayman Islands Solar Farm

Bodden Town Solar Farm. Photo: Business Wire January 10 (Renewables Now) – BMR Energy, the Virgin Group unit that develops and operates clean energy projects in the Caribbean and Latin America, said Wednesday it has acquired a 5-MW solar plant in the Cayman Islands. BMR Energy will take over all operations...

Dominica to Begin Construction of Geothermal Plant in 2019

ROSEAU, Dominica (CMC) — The Dominica Government says it intends to start construction of a geothermal energy power plant by the third quarter of 2019. Energy Minister Ian Douglas said that the plant to be constructed in the Roseau Valley, on the outskirts of the capital, will be a major boost...

Wigton Debt Successfully Refinanced

Nigel Clarke (second right), minister of finance and the public service, discusses Wigton Windfarm refinancing with (from left) Milverton Reynolds, managing director, Development Bank of Jamaica; Jermaine Deans, deputy general manager, JN Fund Managers; and Duane Smith, chairman of Wigton Windfarm. The Wigton divestment team was paying a courtesy call...