MPC Capital AG is creating a renewables investment platform targeting assets in the Caribbean. The platform will take a stake of just under 50% in the 50-MWp Paradise Park solar photovoltaic (PV) project
MPC Capital to invest in the project. It will co-invest in a joint vehicle that will take a stake of just under 50% in the project for a total consideration of US$50 million
The Overseas Private Investment Corporation (OPIC), the U.S. Government’s development finance institution, has approved support for new development projects totaling just over US$1 billion.
Read moreThe Jamaican government and Eight Rivers Energy are finishing an agreement to carry out the project. Construction works are scheduled to begin by 2017 and the project is expected to be operational by 2018
British billionaire Sir Richard Branson, through the Virgin Group, has acquire Blue Mountain Renewables (BMR) Jamaica Wind Limited, a company established to develop the 36 MW St. Elizabeth Parish wind...
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