NASSAU, The Bahamas — Colina Financial Advisors Ltd. (CFAL) is set to launch a $100 million bond offering to finance the construction of Island Power Producers’ (IPP) landmark LNG-powered energy plant at the Nassau Cruise Port—a project poised to transform how docked cruise ships are powered and advance the nation’s clean energy transition.
The offering, which opens November 6 and closes November 14, 2025, marks the next major phase in IPP’s financing strategy following its oversubscribed public share offering earlier this year. That $10-per-share retail offering, managed exclusively by CFAL, drew more than $12 million in subscriptions, signalling strong investor confidence in IPP’s business model and the growing appetite for energy infrastructure investments in The Bahamas.
The upcoming bond issue, open to private and institutional investors, aims to raise the remainder of the project’s funding. The minimum investment threshold is $50,000, with additional increments of $10,000. Full offering documents and subscription details will be available on CFAL’s website beginning November 3.
“CFAL is proud to once again offer a new investment opportunity to the public, furthering our commitment to allowing Bahamians to participate and benefit from infrastructure projects within The Bahamas,” said Angelo Butler, Manager of Corporate Advisory Services at CFAL. “Projects like these demonstrate the strength of Bahamian capital markets and the appetite among local investors to participate in the nation’s transition toward cleaner, more sustainable energy solutions.”
The LNG-powered, shore-side plant will enable cruise ships docked at Nassau Cruise Port to switch off their engines and draw power directly from a clean, local energy source, significantly reducing emissions and improving air quality in downtown Nassau. Industry observers view the project as a major milestone in The Bahamas’ renewable and alternative energy landscape, aligning with global maritime sustainability standards and the country’s broader decarbonization goals.
With CFAL again at the helm, the IPP bond offering represents one of the largest private capital raises for an independent Bahamian energy project to date—underscoring the growing role of local investors in shaping the country’s sustainable infrastructure future.
