Inter-Energy acquires Paradise Park solar plant
Clean energy solutions provider InterEnergy Group has announced the successful acquisition of the Paradise Park solar plant from Eight Rivers Energy Company (EREC).
Located in Paradise, Westmoreland, the facility sits as Jamaica’s largest photovoltaic (PV) power plant and was previously part of the portfolios of NEOEN and MPC Caribbean Clean Energy Limited.
Operational since 2019, Paradise Park has a generation capacity of 51 MWp, producing over 80 GWh of electricity annually. It is said to be the most cost-effective energy source on the island playing a vital role in helping Jamaica meet its renewable energy targets while helping to eliminate approximately 13,500 tons of CO emissions each year.
Inter-Energy labelled the acquisition as a significant milestone in its decarbonisation strategy and said it aligns well with its ambitious growth plan to add approximately 110 MW of renewable energy assets across the Caribbean and Central America.
“This acquisition aligns with our vision for a more sustainable energy future. It represents an investment not only in renewable infrastructure, but in the well-being of communities and the planet. Jamaica stands out as a remarkable example of the transformative power of clean energy,” chairman and CEO of InterEnergy Group Rolando González Bunster said.
InterEnergy Jamaica Country Manager Dr Wayne McKenzie said the acquisition underscores the company’s balanced approach to energy development.
“As Jamaica’s largest independent power producer, we understand the critical role we play in ensuring energy reliability while advancing the transition to renewables,” McKenzie said.
“Our 250 MW thermal capacity continues to be the backbone of national energy stability. With the addition of 87.3 MW in renewable assets — EREC being the most recent — we reinforce our commitment to a balanced, resilient, and sustainable energy future for Jamaica. This expansion is not just about growth, it’s about delivering dependable power while accelerating innovation for future generations.”
With this acquisition, InterEnergy’s total renewable energy capacity in Jamaica now exceeds 85 MW, marking a significant step forward in the company’s goal of becoming a regional leader in clean energy solutions. These projects expand the group’s portfolio of renewable and low-emission assets — including natural gas — which now account for over 80 per cent of its 2.5 GW of operational and under-construction capacity.
With more than 30 years’ experience, InterEnergy currently maintains a strong presence in markets such as the Dominican Republic, Panama, Jamaica, Mexico, Chile, Uruguay, Paraguay, Puerto Rico, Guatemala, the US Virgin Islands, and the Cayman Islands. Its acquisition of Paradise Park further strengthens the group’s position as a regional leader in sustainable development while reinforcing its commitment to a cleaner energy future.