News & Resources

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.

Nassau, Bahamas, April 1, 2024: Colina Financial Advisors Ltd. (CFAL) is pleased to announce that it is facilitating the bond and equity offering for EA Energy, the company selected by the Government of The Bahamas to develop renewable energy plants on the islands of Abaco and Eleuthera. This offering will provide both debt and equity financing for the project. The offering will commence on Tuesday, April 1, 2025, and will remain open until Wednesday April 16, 2025. The corporate bonds offered will feature a semi-annual interest rate of 8%, with the first interest payment scheduled for October 30, 2026. These bonds will mature on April 30, 2045. This initial offering will target institutional investors, primarily the likes of pension funds and mutual funds that provide access to investments for thousands of investors, However, CFAL will conduct a retail offering to the public at the end of the second quarter, whereby individuals will be able to invest $1,000 or more into the project. EA Energy aims to raise $132.5 million to support the development of two separate power plants – one for each island – designed to improve the reliability and sustainability of electricity in Abaco and Eleuthera. 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. Investors interested in in subscribing should visit www.cfal.com/offerings to view the offering memorandum, term sheet, application instructions and forms. Investors with questions can contact registrar@cfal.com and are encouraged to follow our social media pages for further updates regarding the retail offering.