For a better experience on CFAL, 
Nassau, Bahamas, April 24, 2025: Colina Financial Advisors Ltd. (CFAL) is pleased to announce that it has successfully completed the initial phase of debt and equity financing for EA Energy, the company selected by the Government of The Bahamas to develop renewable energy plants on the islands of Abaco and Eleuthera. The initial offering opened to the public on Tuesday, April 1, 2025, and closed on Wednesday April 16, 2025. This initial exercise raised a significant portion of the $140 million EA Energy aims to use for its dual projects.
For the second round of funding, CFAL will conduct a retail offering to the public at the end of the quarter, subject to regulatory approvals which are currently ongoing. Individuals will be able to invest $1,000 or more into the project. To ensure that as many Bahamians as possible have the opportunity to invest, CFAL will also provide the option for salary deductions for employees of the Government of The Bahamas and other public corporations as done in previous offerings.
EA Energy plans to develop two separate power plants – one Eleuthera and one on Abaco – designed to improve the reliability and sustainability of electricity on those islands. These plants will use a combination of liquified natural gas (LNG) and solar energy, helping to meet the growing energy needs of these communities while also promoting environmental sustainability.
Interested investors are encouraged to follow our social media pages for further updates regarding the retail offering for EA Energy along with another project CFAL is arranging funding for.