Wigton Windfarm Limited, a subsidiary of the Petroleum Corporation of Jamaica (PCJ), is the largest wind energy facility in the English-speaking Caribbean. Located in Rose Hill, Manchester, WWFL commenced operations in 2004 with 20.7MW capacity, then expanded to 38.7 MW in 2010 and to 62.7MW capacity in 2016.
WWFL’s mission is to provide and/or facilitate increased wind energy development along with other renewable energy sources for the generation of electricity, thereby contributing to the diversification of Jamaica’s energy mix.
- The projected total plant output of WWFL is 164,775 MWh per year. WWFL currently accounts for 6.2% of the grid’s installed generating capacity and 3.7% of Jamaica’s electricity generation.
The GOJ is in the process of undertaking preparatory work for the privatisation of Wigton Windfarm Limited (WWFL) via listing WWFL on the Jamaica Stock Exchange.
Refinancing of the Wigton debt in the amount of US$49.3M completed in December 2018 by JN Fund Managers and MH & Co. Marketing activities for the IPO to commence in February 2019 by the stock-broker, Mayberry Investments Limited. It is expected that the Initial Public Offering will be completed by March 2019.