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Innovative Energy Group Ltd
Lot 41
Caracas Avenue, Kingston Freez
KINGSTON, Jamaica Ticker: CBNYCBNY
On 7/3/2023, the Company was acquired by IEC Energy Company Limited
Business Summary
Innovative Energy Group Limited, formerly Ciboney Group Limited, is a Jamaica-based vertically integrated energy company. The Company has developed, financed, constructed and operated over 20 energy projects in the United States, Central America and Jamaica. The Company is engaged in providing clean energy solutions through the development of hybrid renewable or stand-alone cogeneration and trigeneration microturbine projects. It provides energy audits, project development, construction, operations and asset management services. Its IEC Remote Monitoring System (IRMS) allows technicians to monitor, remotely troubleshoot, and correct turbine issues 24/7. It offers a comprehensive lineup of clean-and-green microturbines that are scalable from 30 kilowatts (kW) to 30 megawatts (MW) and can operate on a variety of gaseous or liquid fuels, including natural gas, associated gas, LPG/propane, flare gas, landfill gas, digester gas, diesel, aviation fuel and kerosene.
(Source: 10-K405)

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
-Yes-Yes---

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
2/29/20245/31/2023Yes----

Industries
SIC Code Description
1629 Heavy construction, not elsewhere classified

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Non-Executive Chairman of the Board ErrolCampbell 1/1/2012
Executive Director Geoffrey E.Messado 1/1/2012 1/1/2012
Secretary SharonBurke
Non-Executive Director MichaelCampbell
Non-Executive Director RobertStephens

General Information
Number of Employees: 2 (As of 5/31/2006)
Outstanding Shares: 546,000,000 (As of 11/30/2023)
Shareholders: 433
Stock Exchange: JAM


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Thursday, April 18, 2024