"The team at Portland Private Equity understands the property and casualty insurance business and the nuances of business building in Jamaica. They have proven to be deeply knowledgable and well connected investors and I view them as valuable mentors and constructive contributors on the board of directors."
Tropical Battery is a Renewable Energy Leader in Jamaica
Jamaica
June 1, 2019
Highlights
- Tropical Battery’s new offices will rely on a 112KW solar energy system
- Company expands its product lines into lithium-ion batteries for electric vehicles
- Additional employee hires anticipated
Tropical Battery will enhance operational efficiencies through its relocation and slash significant overheads through the use of solar energy. The new head offices are expected to result in improvements in its distribution business due to the key location.
For more, see:
http://jamaica-gleaner.com/article/business/20190626/tropical-battery-pumps-60m-new-ferry-hq
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 Caribbean, Central America, and Colombia through its management of the AIC Caribbean Fund and its successor, Portland Caribbean Fund II.