Nevis-based North Star is building St Kitts' first wind project in partnership with Mas Energy of Florida. It will be about 25%-financed via private equity investments.
Unlike its counterpart the Export-Import Bank of the US, Opic does not specify the use of American-made products as a requirement of its backing.
The body also does not mandate the need for a sovereign loan guarantee – which would be a major burden on cash-strapped Caribbean governments with no interest in acquiring more debt liability.
Opic’s
