From January 21-23, 2025, industry leaders, investors, and policymakers gathered in Santo Domingo, Dominican Republic, for the Caribbean Energy Conference, organized by S&P Global. The event focused on transforming energy through investment, bringing together key players to discuss challenges and opportunities in the region.
Among the highlights was the Power Finance and Investment in the Caribbean roundtable, where Ramon Candia, CIFI’s Chief Investment Officer, joined experts from BMR Energy, CIBC First Caribbean, Dutch Entrepreneurial Development Bank FMO, and IDB Invest, the private sector arm of the Inter-American Development Bank Group, to explore strategies for financing energy projects in the region.
Key Takeaways from the Roundtable
During the discussion, panelists addressed critical questions, including:
- The need for integrated resource planning in Caribbean energy markets
- Pathways to meeting renewable and sustainable energy growth targets
- The importance of other energy sources such as thermal energy powered by natural gas
- Funding sources and financial structures available for energy investments
CIFI’s Commitment to Caribbean Energy
When asked about CIFI’s role in the Caribbean, Ramon Candia highlighted the institution’s strong regional presence and long-term commitment to responsible and impactful infrastructure financing:
“CIFI has been financing infrastructure projects in Latin America and the Caribbean for over 20 years. The Caribbean is a key market for us, not only because the Caribbean Development Bank is one of our shareholders, but also because our investment platform has developed products tailored to the region. Our first Dominican Republic-focused debt fund, with a total size of USD 250 million, has already supported three energy projects and one tourism project in the country. With our second USD 500 million fund, currently in its fundraising phase, we are further strengthening our presence in the Caribbean.”
CIFI’s participation in this discussion reaffirmed its dedication to financing energy and infrastructure projects that drive economic growth and promote wellbeing in the Caribbean.
Looking Ahead
As the Caribbean transitions towards a cleaner, more resilient energy future, investment in renewable energy remains a top priority. CIFI continues to explore financing opportunities in the region, aligning with global sustainability goals while supporting the expansion of reliable energy infrastructure.
For more insights on our investment strategy or to explore partnership opportunities, reach out to our team here.
For media inquiries:
CIFI | Juliette Daugan | juliette.daugan@cifi.com
