MPC Caribbean Clean Energy Limited has purchased the 33.4 megawatt (MW) solar park Monte Plata in the Dominican Republic.
The purchase, which was made on Tuesday, June 1, is expected to be completed by the third quarter of 2021. This is the second solar plant that MPC Caribbean Clean Energy has purchased since the start of the year.
https://www.jamaicaobserver.com/business-report/mpc-caribbean-clean-energy-buys-33-…
With the Jamaican equities market becoming more attractive due to the increased participation of investors, it is expected that more Caribbean companies will choose Jamaica as their destination to raise equity capital and potentially tap the debt markets.
Real estate and investment company Eppley has grown its investment portfolio to $4.3 billion for the March quarter.
https://www.jamaicaobserver.com/business-observer/eppley-grows-investment-portfolio-to-4-3-billion-in-march-quarter-with-cash-holdings-reaching-over-795-million-shareholders-to-get-an-interim-dividend-of-3-72-cents-per-share-payable-on-june-11_221749?profile=1056
