MPC Caribbean Clean Energy Limited is to be listed on Jamaica Stock Exchange on Monday.
Jose Antonio Oliveros Febres-Cordero
It will also be cross listed on the Trinidad & Tobago Stock Exchange at the same time. MPC recently raised US$11 million via an initial public offer targeted at institutional investors. The offer was part of a larger project by MPC to raise US$200 million in private equity across the Caribbean. The company plans to focus on investment assets in the renewable energy, energy efficiency and storage sectors in Latin America and the Caribbean. Jamaica is a core participant in the project, with the Eight Rivers Energy Park, a 50 megawatt solar plant in Paradise Park, Westmoreland, being identified for investment.