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ADDITIONAL funding has been secured for SunTerra’s largest solar venture through private equity funding building on its previous Inter-American Development Bank (IDB) investment.

The project, which is being led by Mscale LLC through the Caribbean Venture Capital Fund, has taken an 10 per cent equity stake in SunTerra Energy (Jamaica) Limited (SEJL) to develop the 50 megawatt solar park, which has 80-megawatt solar panels behind it.

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