Jamaica's RfP for 37 MW of renewables attracts 10 bids - report
Date
February 02, 2016
Subscribe to our newsletter and get the latest news and business opportunities in your inbox
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.
Under the terms of the RFP, interested parties had to submit their proposals on or before January 27, 2016. The projects could include wind and solar plants, waste to energy facilities and other green energy projects.
The companies that have submitted proposals are, among others, the following:
- Wigton WindFarm Ltd with a 37-MW wind project. The total project investment is estimated at US$61 million
- Eight Rivers Energy Co with a 37-MW solar project. The total project investment is estimated at US$48.7 million
- Jamaica Energy Partners with a 37-MW solar project. The total project investment is estimated at US$77.14 million
- Green Waste with a 24.7-MW waste-to-energy plant. The total project investment is estimated at US$110 million
- Bio Energy with a 0-MW biomass power plant . The total project investment is estimated at US$93.8 million
The last two bidders could be disqualified due to the fact that they have not submitted a security deposit.
List of country news
Country news
-
-
June 12, 2014
IC Power closes acquisition of Jamaica power 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. Read more -
September 24, 2014
WRB Enterprises and Jamaica sign PPA agreement for Solar Generation Project
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. Read more -
October 02, 2014
American Capital Energy & Infrastructure's BMR Energy receives PPA for project in 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. Read more -
January 30, 2015
Jamaica’s largest wind farm receives financing
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. Read more -
September 01, 2015
Interenergy Holdings acquire power plants in Jamaica and Panama
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. Read more
