"It was an honor to be AIC Caribbean Fund's first investee company in the Dominican Republic. As investors, they understand the pragmatic realities of the infrastructure construction business through different business cycles and were very responsive to the needs of Moya. We look forward to partnering again with ACF in the near future."
Portland Caribbean Fund II completes fourth investment: InterEnergy Holdings
Dominican Republic
December 1, 2016
Portland Private Equity (“Portland”), a leading private equity fund management company, is pleased to announce the completion of Portland Caribbean Fund II’s fourth investment, an equity transaction with InterEnergy Holdings Inc. (“IEH”). IEH is a sector leader in the Latin American power business. Portland invested in the founding of IEH through its AIC Caribbean Fund and was pleased to provide additional growth capital to assist the company expand its regional power and renewable energy business. IEH has substantial assets in Jamaica, Dominican Republic, Panama, and Chile.
Contact:
For more information visit www.portlandpe.com or contact Douglas Hewson at dhewson@portlandpe.com.
About Portland Private Equity:
Portland Private Equity is a private equity fund management company currently focused on private equity growth opportunities in the broader Caribbean region through its management of the AIC Caribbean Fund and its successor, Portland Caribbean Fund II.