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JAM | Nov 29, 2025

Mscale LLC invests in Sunterra Energy for Jamaica’s largest solar farm

/ Our Today

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Jamaica marks a major milestone in its clean-energy transtion as Mscale LLC, manager of the Caribbean Venture Capital Fund (CVCF), made an investment in SunTerra Energy (Jamaica) Limited—developer of what will be Jamaica’s largest solar farm.

Located in Trelawny on Jamaica’s northwest coast, the project will be built in two phases and has the potential to reach 200 MW with battery storage—enough to supply roughly 12 per cent of Jamaica’s electricity needs. 

Phase 1 has already been awarded and is under development.

Ugo Ikemba, CEO of Mscale LLC, noted: “Mscale’s vision and values align with SunTerra’s. The project will design, build, and operate an 80 MWp solar facility with 50 MWac connected to the grid, through a local SPV. With a total cost of US$56 million and US$43 million in a blended finance structure, it represents a significant investment in Jamaica’s renewable future.”

“Following Hurricane Melissa and the vulnerabilities it exposed in the national grid, resilient clean infrastructure is no longer optional—it’s essential. SEJL will strengthen the system while delivering sustainable power. This is the first of several projects we plan to support across the region.”

Emanuel DaRosa, chief executive of SunTerra Energy (Jamaica) Limited, stated: “Solar generation is key to lowering electricity costs, reducing Jamaica’s carbon footprint, and decreasing dependence on imported oil, diesel, and natural gas. The project is also expected to create more than 600 jobs for Jamaicans.”

SunTerra Energy is a renewable-energy company advancing sustainable power solutions across the Caribbean. The company integrates clean technologies, enhances energy efficiency, and supports national and regional climate-resilience goals through innovation, partnerships, and community-focused development.

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