MPC Caribbean Clean Energy Ltd is seeking to raise USD 50 million (EUR 44m) through an initial public offering (IPO) to invest in, as its name suggests, renewable energy projects in the Caribbean region. The company is selling 50 million Class B participating and voting shares in Trinidad a...
Trinidad, supplier of over half of our total imports, had reserves of 30.7 trillion cubic feet (~17 Tcf proven, 7.8 Tcf probable, 5.9 Tcf possible) of natural gas in 2004 and usage was just under a trillion cubic feet a year. Many additional industrial plants meant to use the inexpensive...