ADFD, Masdar ink Caribbean power project fund

ADFD, Masdar ink Caribbean power project fund

Caribbean Middle East Funds Project & Infrastructure Finance

The Abu Dhabi Fund for Development (ADFD) has signed an agreement with renewables developer Masdar for a $50m fund dedicated to power projects in the Caribbean. According to a statement from the ADFD, the first projects to receive funding include solar and battery storage technology facilities in Antigua & Barbuda, the Bahamas, Barbados, Dominica and St. Vincent & The Grenadines. The ADFD set up the fund in January with an initial $50m injection to fund projects across 16 Caribbea

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial