- This acquisition reinforces InterEnergy Group’s commitment to Renewable Energy Growth in the Caribbean, expanding a portfolio that now surpasses 80% of its 2.5 GW capacity in renewables and low-emission assets.
InterEnergy Group, a leader in clean energy solutions in the Caribbean and Latin America, has announced the acquisition of the Paradise Park solar plant from Eight Rivers Energy Company (EREC). Located in Paradise, Westmoreland, it is the largest photovoltaic (PV) facility in Jamaica. The asset was previously part of the portfolios of NEOEN and MPC Caribbean Clean Energy Limited.
This successful transaction marks a major milestone in the company’s decarbonization goals and adds to the Group’s expansion plan with new renewable assets across the Caribbean and Central America. To date, the Group has added 110 MW of renewable capacity, reaffirming its strong commitment to clean energy and sustainable development in the region.
Operational since 2019, Paradise Park is Jamaica’s largest solar facility, with a capacity of 51 MWp, delivering the island’s most cost-effective energy. The plant plays a key role in supporting Jamaica’s renewable energy targets by generating over 80 GWh annually and avoiding the emission of approximately 13,500 tons of CO₂—equivalent to the annual electricity consumption of around 20,000 average Jamaican homes.
This acquisition underscores InterEnergy Group’s commitment to sustainable development and clean energy solutions, while also contributing to the diversification of Jamaica’s energy matrix and reducing its dependence on fossil fuels.
“This acquisition aligns with our vision for a more sustainable energy future. It represents an investment not only in renewable infrastructure, but in the well-being of communities and the planet. Jamaica stands out as a remarkable example of the transformative power of clean energy,” said Rolando González Bunster, Chairman and CEO of InterEnergy Group.
With this acquisition, InterEnergy’s total renewable energy capacity in Jamaica now exceeds 85 MW, marking a significant step forward in the company’s goal of becoming a regional leader in clean energy solutions. These projects expand the group’s portfolio of renewable and low-emission assets—including natural gas—which now account for over 80% of its 2.5 GW of operational and under-construction capacity.
With more than three decades of experience, InterEnergy has built a strong presence in key markets such as the Dominican Republic, Panama, Jamaica, Mexico, Chile, Uruguay, Paraguay, Puerto Rico, Guatemala, the U.S. Virgin Islands, and the Cayman Islands, providing millions with reliable and renewable energy solutions. This latest milestone further strengthens the company’s position as a leader in sustainable development and its ongoing commitment to a cleaner energy future for the region.
Paradise Park, Westmoreland, Jamaica
