NASSAU, BAHAMAS- Colina Financial Advisors Ltd. (CFAL) has announced the successful completion of the initial phase of debt and equity financing for EA Energy—the company selected by the Government of The Bahamas to develop renewable energy plants on the islands of Abaco and Eleuthera.
The initial offering, which opened to the public on Tuesday, April 1, 2025, closed on Wednesday, April 16, 2025, raising a significant portion of the $140 million targeted for the twin projects.
CFAL will launch a second round of funding through a retail offering to the public at the end of the quarter, pending ongoing regulatory approvals. Individuals will have the opportunity to invest $1,000 or more in the project. To maximize Bahamian participation, CFAL will offer a salary deduction option for employees of the Government of The Bahamas and public corporations, similar to previous offerings.
EA Energy plans to construct two separate power plants—one on Eleuthera and another on Abaco—aimed at enhancing electricity reliability and sustainability on both islands. The plants will utilize a mix of liquefied natural gas (LNG) and solar energy, supporting the growing energy demands of these communities while advancing the country’s environmental goals.
Interested investors are encouraged to follow CFAL’s social media platforms for updates on the EA Energy retail offering and information on additional projects currently under development.
