Government of Jamaica
This review looks at the Wigton Windfarm (WWF) Limited’s Initial Public Offering (IPO) prospectus. It uses mainly information provided in the prospectus but references fiscal rules contained in the Financial Administration and Audit (FAA) and Public Bodies Management and Accountability (PBMA)…
Wigton IPO Subscribers Top 10,000, But Public Sector Applications Lag
The number of applicants for shares in the Wigton Windfarm IPO has exceeded the 10,000 goal set by the Jamaican Government. But a representative of lead broker Mayberry Investments Limited, who confirmed the level of subscriptions, said “public sector applications…
Wigton Windfarm Now on Jamaica Stock Exchange
Wigton Windfarm Limited in Manchester is now listed on the Jamaica Stock Exchange (JSE) – the world’s best-performing stock market. The listing, which took place today (May 22), followed the success of the company’s initial public offering (IPO), which saw…
DBJ Has Facilitated US$1.1 Billion in Investments Under Public-Private Partnership
The Development Bank of Jamaica (DBJ) has successfully completed 25 transactions under the Government’s Public-private Partnership (PPP) and Privatisation Programme since 2009, facilitating approximately US$1.1 billion in investments. DBJ Managing Director, Milverton Reynolds, said the amount includes US$303 million in sales…
Jamaica Access to Finance Project Revised Environmental and Social Management Framework June 2019
$34 Billion Raised Under Jamaica Venture Capital Programme
A total of $34 billion (approximately US$265 million) was raised over the last four years from equity fund investments facilitated under the Jamaica Venture Capital Programme (JVCP). The JVCP was established by the Development Bank of Jamaica (DBJ) in 2013…
Fifteen Teams Vie For Top Spot In Business Model Competition
Fifteen teams from four local universities will vie for over $4 million in cash and prizes at the sixth staging of the National Business Model Competition (NBMC), which will be held from March 21 to 22 at the Knutsford Court…
Micro-business Sector Dominated by Women — DBJ
A study commissioned by the Development Bank of Jamaica (DBJ) has revealed that Jamaica’s micro business sector is now dominated by women with high-school education. The impact study, which was conducted by the University of the West Indies-owned, LUMIN Consulting…
Growth & Jobs | Wigton Refinances Debt – Wind-Powered Electricity Provider To Offer Its Shares To The Public
Wigton Windfarm Limited (Wigton) has successfully completed refinancing loans amounting to US$49.2 million (J$6.4 billion), says Jermaine Deans, deputy general manager, JN Fund Managers Limited. Refinancing these PetroCaribe loans now allows the wind-powered electricity provider to proceed with offering its…
Wigton Debt Successfully Refinanced
Wigton Windfarms’ PetroCaribe loans amounting to approximately US$49.2 million ($6.4 billion) have been successfully refinanced, says Jermaine Deans, deputy general manager, JN Fund Managers Limited. This is the critical first step to facilitate the power provider offering shares to the…