What EA Energy does

EA Energy is a Bahamas-incorporated private joint venture between Verdant Limited (Bahamas) and Consus Energy (Türkiye) that is developing two utility-scale hybrid microgrid power plants on the Family Islands of Abaco and Eleuthera. The company's core product is paired hybrid microgrid generation facilities integrating three technologies: solar PV panels for renewable generation, natural gas engines fueled by regasified LNG serving as dispatchable baseload power, and battery energy storage systems (BESS) for load balancing, frequency regulation, and grid stability. The Abaco plant is sized at 30 MWe natural gas, 15 MWp solar PV, and 15 MWh BESS, while the Eleuthera plant is sized at 20 MWe natural gas, 10 MWp solar PV, and 10 MWh BESS, for a combined installed capacity of approximately 71.64 MWe. Both sites include on-site LNG regasification and storage infrastructure with ISO container sea-and-road logistics.

The business model is structured as a public-private partnership (PPP) with the Government of The Bahamas. EA Energy generates electricity and sells it exclusively to Bahamas Power and Light (BPL), the national utility, which handles transmission, distribution, and retail supply to end consumers on the Family Islands. Revenue derives from long-term power purchase agreements under the PPP framework. Pricing and specific contract terms are not publicly disclosed. The target end users are residential and commercial electricity consumers on Abaco and Eleuthera, with the primary value proposition being reduced dependence on imported diesel, lower greenhouse gas emissions versus legacy diesel generation, and improved grid reliability.

As of the input data, EA Energy is pre-revenue and in the construction phase: design and engineering are underway, public consultations were held in June 2025, construction is planned to begin Q3 2025, and commissioning is anticipated in Q3 or Q4 2026. The company maintains a small team (1-10 employees), is headquartered in Nassau, Bahamas, and operates exclusively within The Bahamas. The company has no disclosed AI/ML capabilities, patents, awards, M&A activity, or external funding rounds beyond the project-level capital mobilization referenced for the two plants.

Name

EA Energy

Legal name

EA Energy Ltd.

Website

https://eaenergybahamas.com

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

EA Energy is a Bahamian joint venture between Verdant Limited and Consus Energy developing two hybrid microgrid power plants on Abaco and Eleuthera islands, combining solar PV, LNG-fueled natural gas engines, and battery storage to sell electricity exclusively to the national utility BPL under a public-private partnership.

Ownership category

akta.pro rank

Product category

Hybrid Power Generation

NAICS

Electric Power Generation (22111), Fossil Fuel Electric Power Generation (221112), Solar Electric Power Generation (221114)

SIC

Cogeneration Services & Small Power Producers (4991)

akta.pro primary industry

Hybrid Microgrids (Solar+Storage+Gen, Multi-Resource) (EUACALAH)

akta.pro secondary industries

Microgrid Development, EPC & Integration (EUAMAJAB), Engine Generator & Microgrid Power Plant EPC (Diesel/Gas Recip) (EUAEAAAJ), Remote & Islanded Oil/Diesel Power Generation (Off-Grid, Mini-Grids) (EUACACAG)

Keywords

• Hybrid microgrid power
• Renewable energy generation
• Natural gas engines
• Solar PV panels
• Battery energy storage

Headquarters

HQ city

Nassau

HQ country

Bahamas

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Technology or R&D, Supply Chain, Operations, Personnel, Marketing or Sales

Revenue model

1. Electricity Generation and Sales: EA Energy generates electricity through its hybrid power plants and sells power to Bahamas Power and Light (BPL), which handles transmission and distribution to end consumers. Revenue is derived from long-term power purchase agreements or utility contracts as part of the public-private partnership framework.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels4 records

Core offering

EA Energy develops and operates hybrid microgrid power generation facilities on the Bahamian islands of Abaco and Eleuthera. Each facility integrates natural gas engines fueled by regasified LNG, solar PV panels, and battery energy storage systems, along with on-site LNG regasification and storage infrastructure. Electricity generated is sold to the national utility Bahamas Power and Light (BPL) under long-term power purchase agreements, with BPL handling transmission and distribution to end consumers.

Product overview

EA Energy is a joint venture between Verdant Limited and Consus Energy developing hybrid microgrid power generation facilities for Abaco and Eleuthera Islands in The Bahamas. The company offers two parallel projects: the Abaco Hybrid Microgrid Power Plant (30 MWe natural gas, 15 MWp solar, 15 MWh BESS) and the Eleuthera Hybrid Microgrid Power Plant (20 MWe natural gas, 10 MWp solar, 10 MWh BESS). Both facilities integrate LNG regasification and storage infrastructure. The hybrid design combines solar PV panels, natural gas engines fueled by regasified LNG, and battery energy storage systems to provide reliable, efficient, and sustainable electricity while reducing dependence on imported fuels. Construction is expected to begin Q3 2025 with commissioning anticipated in Q3-Q4 2026.

Differentiator

Problem solved

Functional benefit

Products and services

• Abaco Hybrid Microgrid Power Plant Hybrid microgrid energy system on Abaco Island combining 30 MWe natural gas engines fueled by regasified LNG, 15 MWp solar PV panels, and 15 MWh battery energy storage system (BESS), designed to deliver reliable and sustainable electricity to Bahamas Power and Light for distribution to Abaco residents and businesses.
• Eleuthera Hybrid Microgrid Power Plant Hybrid microgrid energy system on Eleuthera Island combining 20 MWe natural gas engines fueled by regasified LNG, 10 MWp solar PV panels, and 10 MWh battery energy storage system (BESS), designed to deliver reliable and sustainable electricity to Bahamas Power and Light for distribution to Eleuthera residents and businesses.
• LNG Regasification and Storage Facilities Regasification and storage infrastructure at both power plant sites capable of processing and storing liquefied natural gas delivered via ISO containers by sea and road, providing on-site fuel for the natural gas engines.

Quantifiable outcome

• Reduces reliance on imported diesel fuel for electricity generation
• +2 more outcomes

Named customers1 record

Segments2 records

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Five partnerships are on record, tiered core and minor.

• Verdant LimitedcoreStrategic or Co-development PartnerVerdant Limited is a Bahamian partner bringing local expertise and capabilities to the EA Energy joint venture. Led by a seasoned CEO and dynamic founder with decades of experience in Bahamian finance and electricity sectors, Verdant provides strategic insight and operational efficiency for transformative energy projects in The Bahamas.
• Consus EnergycoreStrategic or Co-development PartnerConsus Energy, a subsidiary of Global Investment Holdings, is Türkiye's largest energy service company by installed capacity. Founded in 2014 and publicly listed since 2022, Consus specializes in tailor-made energy solutions with strong technical expertise across diverse technologies, hybrid generation systems, and microgrid applications.
• Bahamas Power and Light (BPL)coreStrategic or Co-development PartnerBPL is the national electricity utility responsible for transmission and distribution in The Bahamas. EA Energy coordinates closely with BPL to strengthen energy delivery across the country. EA Energy focuses on generation while BPL handles getting power to homes and businesses.
• Russell Craig and AssociatesminorImplementation/ SI/ Consulting PartnerIndependent environmental consultants overseeing the environmental review process for the proposed energy facilities. The firm conducted public consultation meetings, ensured compliance with environmental review protocols, and will produce official consultation reports and environmental management plans for both projects.
• Department of Environmental Planning and Protection (DEPP)minorOthersGovernment department guiding the Environmental Impact Assessment process for the energy facilities. EA Energy partners with DEPP for regulatory compliance and environmental review of the proposed power generation projects.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• New Fortress Energy: New Fortress Energy develops and operates LNG-to-power infrastructure with a strong Caribbean focus, supplying islands and remote grids with regasified LNG and integrated power generation. Highly comparable to EA Energy's LNG logistics + island power generation model, though at materially larger scale.
• Consus Energy: Consus Energy, a subsidiary of Global Investment Holdings, is Türkiye's largest energy service company by installed capacity and is EA Energy's JV partner. Consus specializes in tailor-made energy solutions including hybrid generation systems and microgrid applications, directly comparable to EA Energy's hybrid microgrid technology stack.

Emerging players

• MPC Energy Solutions: MPC Energy Solutions develops, owns, and operates renewable energy and hybrid power projects across Latin America and the Caribbean. Comparable as a Caribbean/LatAm-focused renewables and hybrid power developer pursuing similar emerging-market IPP opportunities.
• Bloom Energy: Bloom Energy designs and manufactures solid-oxide fuel cell systems for distributed power generation, serving commercial, industrial, and utility customers including island and microgrid applications. Comparable as a provider of reliable, lower-emission distributed generation suited to remote and island deployments.

Broad incumbents

• PowerSecure (a Generac Company): PowerSecure, owned by Generac, provides distributed energy solutions including microgrids, solar + storage, and hybrid generation systems for utilities and commercial customers. Comparable in offering hybrid microgrid architectures, though operating primarily in North American utility markets.
• Hitachi Energy (Microgrid Solutions): Hitachi Energy (formerly ABB Grid Integration) supplies microgrid control systems, energy storage integration, and grid solutions for hybrid power projects globally. Comparable as a technology enabler for the type of hybrid microgrid systems EA Energy is deploying on Abaco and Eleuthera.
• Wartsila Energy Storage & Microgrid Solutions: Wärtsilä is a global leader in engine-based and hybrid power plants, including island and microgrid applications, with significant Caribbean and island-grid project references. Comparable as a provider of dispatchable thermal + storage hybrid solutions similar to EA Energy's natural gas + BESS architecture.

Regional players

• Caribbean Utilities Company: Caribbean Utilities Company is the incumbent electric utility in Grand Cayman and an integrated IPP/distributor. Comparable as a Caribbean island utility/IPP model that has historically integrated hybrid renewable + thermal generation, relevant for understanding the BPL-style offtake structure EA Energy sells into.
• Emera Caribbean: Emera Caribbean operates electric utilities across multiple Caribbean islands (Barbados, Dominica, Grand Bahama, others) through subsidiaries including Bahamas Power and Light. Directly comparable as the regional incumbent utility ecosystem in which EA Energy's PPP operates.

Others

• Saft (TotalEnergies) - Energy Storage: Saft, a TotalEnergies subsidiary, is a major supplier of industrial-scale battery energy storage systems used in microgrid, island, and hybrid power applications. Comparable as a potential BESS technology supplier relevant to EA Energy's hybrid microgrid architecture.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds2 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about EA Energy