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JAM | Mar 30, 2024

Ciboney re-lists as Innovative Energy Group on Jamaica Stock Exchange

/ Our Today

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It is now official! Ciboney Group Limited is now listed on the JSE as Innovative Energy Group Limited, IEG. The renaming ceremony took place at the Jamaica Stock Exchange. Pictured are Awah Muirhead, Manager for Investment Research at Barita; Terise Kettle, Senior Vice President at Barita; Noel Davy, chairman of IEG; Jennifer Daly, director of IEG; and Marlene Street Forest, Managing Director at the JSE. Ciboney Group has been listed on the stock exchange since January 25, 1993. (Photo: Contributed)

Barita Investments has played an instrumental role in transforming the long-standing Ciboney Group into the Innovative Energy Group.

Terise Kettle, SVP for Investment Banking at Barita, the broker for IEG. Barita is expected to raise capital for IEG soon.(Photo: Contributed)
Innovative Energy Group Limited is officially listed on the Jamaica Stock Exchange. IEG replaced Ciboney Group Limited. Shareholders approved the name change and the adoption of new articles of association last year. (Photo: Contributed)
Noel Davy, chairman of Innovative Energy Group Limited. (Photo: Contributed)

The newly rebranded company recently listed on the Jamaica Stock Exchange (JSE), a significant step forward for Jamaica’s energy sector which is a vital pillar of the economy.

As the lead broker, Barita says it anticipates raising capital for the Noel Davy-chaired IEG soon.

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