Cable & Wireless to acquire AIC Caribbean Fund portfolio Company Columbus Networks for USD$3.1 Billion
LONDON— Portland Private Equity is pleased to announce that Cable & Wireless Communications, Plc has announced a $1.85 billion acquisition of Columbus International Inc. as part of the telecommunication firm’s plan to enhance growth in its operating regions. In addition, Cable & Wireless will assume Columbus’ existing net debt as part of the acquisition, which […]
AIC Caribbean Fund portfolio company, InterEnergy Holdings, announces investment in 215MW wind farm in Panama
On April 24, 2014, InterEnergy invested, through its subsidiary IEH Penonome Holdings, in a new 215 MW wind project in Panama with a total projected investment of US$ 427 million with Unión Eolica Panameña S.A. (“UEP”). The investment marks the second of InterEnergy’s geographic expansion in Latin America and the Caribbean and also marks InterEnergy’s […]
AIC Caribbean Fund portfolio company, Columbus International, closes USD$1.25B bond offering
BRIDGETOWN, BARBADOS–(Marketwired – Mar 31, 2014) – Columbus International Inc. (“Columbus”) today announced that on March 31, 2014 it closed the issuance of a US$1,250,000,000 offering of senior unsecured notes. The notes were issued with a 7.375% coupon, priced at par and will mature in 2021. The transaction was led by Citigroup, J.P. Morgan and RBC […]
Mariame McIntosh selected by World Economic Forum as a Young Global Leader
Portland Private Equity is pleased to announce that Partner Mariame McIntosh Robinson was selected by the World Economic Forum as a Young Global Leader. Each year, the World Economic Forum recognizes the most distinguished young leaders below the age of 40 from around the world for their professional accomplishments, commitment to society and potential to […]
Portland Private Equity partner, Mariame McIntosh Robinson, selected as World Economic Forum Young Global Leader
as reported by RJR News of Jamaica, March 13, 2014 Mariame McIntosh Robinson, an outstanding Jamaican professional, has been selected as one of 214 Young Global Leaders for 2014. She is one of only three Caribbean nationals to have been selected this year. The selection, made by the World Economic Forum, was announced on […]
Columbus International, an AIC Caribbean Fund portfolio company, announces acquisition of Colombia telecommunications service provider
BRIDGETOWN, BARBADOS – (Marketwire–February 24, 2014): Columbus International Inc. (“Columbus” or the “Company”), a persified telecommunications provider in the Caribbean, Central America and Andean region, is pleased to announce that it has signed a definitive agreement to acquire Lazus S.A.S. (“Lazus”) (formerly Promitel Colombia S.A.S. from Ashmore Management Company (Colombia) S.A.S. (“Ashmore”)). The acquisition represents Columbus’ […]
AIC Caribbean Fund portfolio company, Columbus International, announces JV with to expand subsea network platform
BRIDGETOWN, BARBADOS – (Marketwire – May 13, 2013) — Columbus Networks and CWC Wholesale Solutions today announced the formation of a joint venture to provide expanded wholesale bandwidth capacity to global, regional and local communications companies in the Caribbean and Americas Region. The joint venture company will be called CNL-CWC Networks Ltd. In addition to the joint […]
AIC Caribbean Fund portfolio company, InterEnergy Holdings, announces a $100M equity transaction
IFC and IFC ALAC Fund Invest $100 Million to Help InterEnergy Grow and Develop Cleaner Energy Sources in the Caribbean and Latin America Santo Domingo, Dominican Republic, February 21, 2013 – IFC, a member of the World Bank Group, and the IFC African, Latin American and Caribbean Fund (IFC ALAC Fund), today announced a joint $100 […]
Advantage General Insurance, an AIC Caribbean Fund portfolio company, is acquired by NCB Capital Markets
Kingston, Jamaica February 12, 2013 – NCB Capital Markets, a wholly owned subsidiary of National Commercial Bank Jamaica Limited, announced today the acquisition of Advantage General Insurance, the largest insurer of motor vehicles in Jamaica. The acquirer described the transaction as a “mutually beneficial acquisition” which is expected to “facilitate the expansion of the suite […]
Dr. John C. Malone invests in AIC Caribbean Fund portfolio company, Columbus International Inc.
BRIDGETOWN, BARBADOS–(Marketwire – Jan 22, 2013) – Columbus International Inc. (“Columbus” or the “Company”), a diversified telecommunications provider in the Caribbean, Central America and Andean region, is pleased to announce the recent addition of Dr. John C. Malone as a new equity shareholder in the Company. Dr. Malone’s investment was facilitated through the acquisition of […]
