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Jamaica Private Power Company Limited

Sector: Power Generation (CCGT) • Location: Jamaica

Source: Multilateral Investment Guarentee Agency (MIGA)

Project
Not Active

In five separate guarantee contracts, MIGA insured a major portion of the equity investment in the construction and operation of a 60 MW diesel power plant in Jamaica. The project enterprise, Jamaican Private Power Company (JPPC), will be located near the Kingston harbor in Rockfort. Total investment in the project is estimated at $144 million. The equity portion accounts for $35.7 million, and t

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The project “Jamaica Private Power Company Limited” is an infrastructure initiative in the Power Generation (CCGT) sector, located in Jamaica. Taiyo aggregates data on it from Multilateral Investment Guarentee Agency (MIGA).

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Participants

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not active

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Description

Description

In five separate guarantee contracts, MIGA insured a major portion of the equity investment in the construction and operation of a 60 MW diesel power plant in Jamaica. The project enterprise, Jamaican Private Power Company (JPPC), will be located near the Kingston harbor in Rockfort. Total investment in the project is estimated at $144 million. The equity portion accounts for $35.7 million, and the remainder will be financed by long-term debt provided by the Private Sector Energy Fund, which is partly funded by the IBRD and the Inter-American Development Bank. MIGA has issued insurance for the equity contributions of Hydra-Co Enterprises Inc.; International Energy Partners; USEC-Precursor Inc.; Rockfort Power Associates; and Energy Investors Funds II, L.P. MIGA guarantees of a combined amount of $50 million cover the risks of expropriation, currency transfer, and war and civil disturbance.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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