The project will add 20 MW of utility-scale solar PV and 7 MW/10 MWh of battery energy storage to Antigua and Barbuda's electricity grid. The investment aims to diversify the country's energy mix, reduce dependence on imported fuel, lower electricity generation costs and support progress towards national renewable energy targets. The project will strengthen grid reliability while supporting a more sustainable and resilient electricity system.
Project overview
Investment opportunity
Antigua Public Utilities Authority (APUA) is seeking investors, lenders and strategic partners to support the development of 20 MW of utility-scale solar PV and 7 MW/10 MWh of battery energy storage. The project may be structured through an Independent Power Producer (IPP), Special Purpose Vehicle (SPV), joint venture or PPP arrangement, with electricity supplied to APUA under a Power Purchase Agreement (PPA). The identified investment requirement is approximately US$31 million.
Investment types sought
Project status
Development stage
Pre-feasibility
Current status / progress to date
Feasibility, technical and financial studies are planned. Investor engagement, financing, land acquisition and project structuring remain to be completed before detailed design, procurement and construction can commence. Installation is anticipated in 2028.
Additional project information
- Lead agency
- Antigua Public Utilities Authority (APUA)
Expected impact
Jobs created / supported
The project will create local employment opportunities during construction and operation, while supporting apprenticeships, technical training and knowledge transfer in renewable energy and battery storage technologies.
Economic & development benefits
- Reduces fuel expenditure and exposure to fuel-price volatility
- Improves operating cash flow and releases working capital for essential services
- Expands renewable energy generation and supports long-term energy security
- Creates local jobs, apprenticeships, technical training and knowledge transfer
Climate & resilience benefits
- Reduces dependence on imported fossil fuels
- Supports progress towards Antigua and Barbuda's renewable energy targets
- Lowers emissions from electricity generation
- Incorporates Category 5 hurricane-resilient design standards
Contact
Contact team
For more information about this project, please contact the Commonwealth Investment Platform team.