Background

The Government of Jamaica is seeking to sell its 20% shares in the Jamaica Public Service Company by way of a listing on the Jamaica Stock Exchange. The JPSCO is the sole distributor of electricity in Jamaica and is also engaged in generation which includes purchasing from independent power producers and transmission.

Status

Due Diligence and Transaction Structuring activities are underway for the transaction. The listing on the Jamaica Stock Exchange is anticipated by March 2021.

Jamaica Public Service Company