InterEnergy Group acquires 61.2 MW of new renewable energy assets in the Caribbean and Central America
January 14, 2025
- The company announces the acquisition of one wind farm and four solar parks across various countries in the Caribbean and Central America, with an investment of US$ 122 million.
InterEnergy Group, a leader in clean energy investments in the Caribbean and Latin America, announced the acquisition of the British Virgin Islands subsidiary of BMR Energy Limited, part of Virgin Group, along with its operating assets, for an overall combined capacity of 61.2 MW. This transaction includes 36.3 MW of installed wind capacity in Jamaica and 25 MWp across four solar parks located in Guatemala, the U.S. Virgin Islands, and the Cayman Islands, for a total investment of more than US$122 million.
With this acquisition, InterEnergy strengthens its renewable energy portfolio and expands its presence in new markets. “This expansion brings us a decisive step closer to achieving our decarbonization goals, with sustainable solutions that combine renewable energy, cutting-edge storage technology, electric mobility and natural gas as the least polluting transition fuel,” said Rolando González Bunster, Chairman and CEO of InterEnergy Group.
In Jamaica, this commitment is solidified by the BMR Jamaica Wind farm, of 36.3 MW capacity, located in St. Elizabeth, south of Malvern. It is composed of 11 Vestas V112 turbines, each with a 3.3 MW capacity, and has been operational since July 2016. This asset complements the 250 MW of thermal energy that Interenergy already manages in the country, marking a significant step in diversifying its energy matrix with renewable sources.
The solar projects acquired include SIBO – Green Solar (7.0 MWp) in Zacapa, Guatemala; Spanish Town (5 MWp) in St. Croix and Donoe (6.4 MWp) in St. Thomas, U.S. Virgin Islands; and Bodden Town (6.5 MWp) in the Cayman Islands. Each project operates under long-term power purchase agreements (PPAs) with local distributors, ensuring operational stability and efficiency.
These projects will become part of the group’s renewable and low-emission energy assets, which now account for over 80% of its 2.4 GW portfolio, including operational and under-construction projects. This highlights InterEnergy’s leadership in sustainable development and its dedication to promoting a cleaner energy future in the region. For over 30 years, the company has established a strong presence in key markets like the Dominican Republic, Panama, Jamaica, Chile, and Uruguay, delivering reliable and renewable energy to millions.
About InterEnergy Group
InterEnergy Group has more than 30 years of experience providing reliable, cost-effective, and clean energy to countries such as the Dominican Republic, Panama, Jamaica, Chile, and Uruguay, with a capacity of 2.4 GW operational and under construction. In 2025, the group expands its presence in the region with 61.2 MW of new renewable assets in Guatemala, the U.S. Virgin Islands, and the Cayman Islands. In the Dominican Republic, the company plays a key role in the tourism sector, supplying energy to more than 65% of all hotel rooms in the country. In Panama, it has led the energy transformation with the Laudato Si’ Wind Farm (215 MW) and the Generadora Gatún combined-cycle plant (670 MW), the largest in the region. InterEnergy also leads the advancement of electric mobility through Evergo, the largest and most sophisticated network of electric vehicle charging solutions in Latin America and the Caribbean.