Pan American Finance Releases 2017 Caribbean Basin Renewable Energy Investment Index
Highlights opportunities for Investors as Renewable Energy Investment
in The Caribbean Region Reaches Record-High and Shows Bright Outlook
MIAMI–(BUSINESS WIRE)–Pan
American Finance, LLC today released the first edition of the
Caribbean Basin Renewable Energy Investment Index, measuring the
investment potential in renewable energy for 10 countries in the region,
including Costa Rica, Cuba, Dominican Republic, El Salvador, Guatemala,
Honduras, Jamaica, Nicaragua, Panama and Trinidad & Tobago.
According to the index, renewable energy investment activity in the
Caribbean Basin reached a record-high in 2015 despite a sharp decline in
oil and gas prices. The total installed energy generation capacity in
the Caribbean Basin for the countries presented currently amounts to
approximately 27GW and renewable energies (including hydro) represent
over 30% of the total installed capacity.
The 10 countries ranked as follows:
RANKING | COUNTRY | ||
1 | Panama | ||
2 | Guatemala | ||
3 | Jamaica | ||
4 | Costa Rica | ||
5 | Dominican Republic | ||
6 | Honduras | ||
7 | Nicaragua | ||
8 | El Salvador | ||
9 | Trinidad & Tobago | ||
10 | Cuba |
“The interest in renewable energy-specific investments in the Caribbean
and Latin America has grown considerably in the past few years,” said
Ben Moody, President and CEO of Pan American Finance. “The investments
made in 2015 demonstrate that countries in the Caribbean Basin are
favoring a transition towards cleaner energy; we have identified some
attractive areas of opportunities in the region, led by Panama and
Guatemala, but also including potential future opportunities in Cuba,
which has only recently started to turn to foreign investors to boost
renewable energy investment.”
To download a copy of the 1st Edition of Pan American
Finance’s Caribbean Basin Renewable Energy Investment Index and all
subsequent reports, please visit http://panamfinance.com/paf-renewable-energy-investment-index-march-2017/.
About Pan American Finance LLC and its affiliate PAF Securities LLC,
member of FINRA and SIPC
Pan
American Finance is an independent advisory firm providing
investment banking services, including M&A advisory, project finance,
and debt & equity capital raising, to business owners and asset managers
in the Caribbean, Latin American and North American markets.
Contacts
Pan American Finance, LLC
Maria Mancuso, +1-305-310-6425
CVOX
Group, LLC
[email protected]