They will create a US$50 million fund to fight sargassum starting in the DR

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Rolando González-Bunster, president and CEO of InterEnergy, as part of his commitment to the sustainable development of tourism, announced the creation of a $50 million fund aimed at uniting public and private efforts in the fight against sargassum in the Caribbean, starting with the Dominican Republic.  

The announcement was made during the twentieth edition of the Clinton Global Initiative (CGI), held in New York, InterEnergy Group where it also assumed a new commitment to action: the conversion to natural gas of two generation plants in Jamaica. This project will reduce CO₂ emissions by up to 40% and will provide cleaner and more affordable energy to more than 250,000 homes on the island.

The occasion also coincided with the 20th anniversary of CGI, where he participated in the conversation “Leaders Stages: New Approaches to Climate Finance”, dedicated to exploring new ways to mobilize climate finance. During his intervention, González-Bunster highlighted: “From day one I understood that CGI was not just about ideas, but about real commitments. For InterEnergy, each project is a concrete action in favor of the climate, communities and the future of the region.”

In these two decades, InterEnergy has invested over US$2,000 million in clean and sustainable energy initiatives that have marked milestones in the regional energy transition. Since its participation in the first edition of CGI, the company has been committed to transforming ideas into concrete actions, relying on the power of the private sector to generate a real impact on communities. Among its main achievements are the construction of the first large-scale wind farms in the Dominican Republic —Quilvio Cabrera and Los Cocos I— and the development of the Laudato Si’ park in Panama, the largest in Central America and the Caribbean. These 20 years have also been marked by transformative projects such as the conversion to natural gas of Energas in the Dominican Republic and the construction of Generadora Gatún in Panama, the largest natural gas plant in the region.

Through CEPM, the company is moving towards carbon neutrality with the implementation of more than 270 MW of solar energy and more than 150 MWh in storage systems in just three years, in addition to innovative projects such as the 100% renewable electrification of Saona Island in 2023.

With these two new commitments, InterEnergy celebrates 20 years of action alongside CGI, promoting energy security, decarbonization, and sustainable development in Latin America and the Caribbean.

ABOUT INTERENERGY

InterEnergy Group has over 30 years of experience in providing reliable, cost-efficient, and clean energy in countries such as the Dominican Republic, Panama, Jamaica, Chile, and Uruguay, with an operational and under-construction capacity of 2.5 GW. In 2025, it expands its presence in the region with 61.2 MW of new renewable assets in Guatemala, U.S. Virgin Islands, and Cayman Islands.

In the Dominican Republic, it plays a key role in the tourism sector, supplying energy to more than 65% of the country's hotel supply. It has also led the energy transformation of Panama with the Laudato Si' wind farm (215 MW) and the Generadora Gatún combined cycle power plant (670 MW), the largest in the region.

InterEnergy also promotes electric mobility through Evergo, the most extensive and sophisticated network of charging solutions for electric vehicles in Latin America and the Caribbean.

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