Jun 12, 2017   SOURCE: BusinessWire

Pan American Finance Releases 2017 Caribbean Basin Renewable Energy Investment Index

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.