Investment of US $4.5m in Solengy for solar in Haiti

Investment of US $4.5m in  Solengy for solar in Haiti

PORT-AU-PRINCE, Haiti--Caribbean Investor Capital (CIC) recently announced its intention to invest US $4.5 million in Solengy, a company focused on solar energy projects in Haiti.

The $4.5 million investment will enable Solengy to expand its operations and provide clean energy solutions to more communities in Haiti, contributing to the country's economic growth and environmental sustainability.

In addition, Caribbean Investor Capital's investment is expected to have a multiplier effect on the local economy. The expansion of solar energy infrastructure will create employment opportunities and stimulate economic growth in Haiti. In addition, the transition to clean energy sources will contribute to a reduction in greenhouse gas emissions, thereby improving the overall environmental health of the country.

In conclusion, CIC’s $4.5 million investment in Solengy for solar energy projects in Haiti demonstrates the growing interest in investment strategies that address environmental challenges. This investment not only contributes to Haiti's economic growth and environmental sustainability, but also underscores the role that private capital plays in facilitating the transition to clean energy in developing countries. Additionally, it highlights the importance of collaboration between financial institutions and impact-oriented organisations to create meaningful change. ~ HL/HaitiLibre ~

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