The Overseas Private Investment Corporation (OPIC), the U.S. Government’s development finance institution, has approved support for new development projects totaling just over US$1 billion.
Energy Finance & Investment News in Jamaica
British billionaire Sir Richard Branson, through the Virgin Group, has acquire Blue Mountain Renewables (BMR) Jamaica Wind Limited, a company established to develop the 36 MW St. Elizabeth Parish wind generation project.
Jamaican Office of Utilities Regulation (OUR) has selected Eight Rivers Energy Company Limited (EREC) as the preferred bidder for the development of a 33.1 MW solar photovoltaic power-generation facility at Paradise Park, Westmoreland.
K&M Advisors has informed in a press release it was retained by the prospective lenders to a 190 MW combined cycle gas plant in the Caribbean to perform financial model review services.
According to sources, a total of 10 bidders has responded to the request for proposals (RFP) launched by Jamaica’s Office of Utilities Regulation (OUR) for 37 MW of renewable energy capacity.
InterEnergy Holdings has purchased interests in two companies owned by Latin Power III, a US$392 million private equity fund managed by Conduit Capital Partners.
The international Finance Corporation (IFC) with the support of the Government of Canada and along with the Overseas Private Investment Corporation (OPIC) will finance the 36 MW wind generation project in St. Elizabeth Parish, Jamaica.
American Capital Energy & Infrastructure (ACEI) has announced that its platform company, BMR Energy, LLC, has completed a key milestone in the development of its 36 MW wind generation project in St. Elizabeth Parish, Jamaica.
WRB Enterprises (WRB) and Jamaica's Public Service Company Limited (JPS) signed a power purchase agreement (PPA) on 19 September paving the way for JPS purchasing energy from the renewable power generation company.
IC Power closed on June 2nd the acquisition of Jamaica Private Power Company (JPPC) according to a share purchase agreement signed last March between Inkia Energy Ltd. (IC Power´s investment vehicle in Latin America) and AEI Power Ltd. (Ashmore Energy International Power Limited), its participation of this important company located in Kingston and engaged in the production and sale of energy in Jamaica.