Government of Jamaica Infrastructure Assets (formerly Jamaica Public Service Company)
Mode of Procurement | Mode of Procurement Stock Exchange Listing – Privatisation |
Project Sponsor(s) | Ministry of Science, Energy & Technology (MSET) |
Description and location | The Government of Jamaica (GOJ) is seeking to privatise its 19.99% shareholding in the Jamaica Public Service Company via listing on the Jamaica Stock Exchange. In 2023, a revised concept was explored and approved by Cabinet. The revised concept considered the inclusion of GOJ's Shareholding in other infrastructure assets by creating a Special Purpose Vehicle (SPV) and subsequently listing the SPV on the Jamaica Stock Exchange. These assets included are:
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Status | Due diligence and transaction structure for the revised Concept for the Infrastructure assets are underway. |
Estimated Capital costs/development expenditures | To be determined |
Sources of revenues | Electricity tariff |
Expected life of the project | Not Applicable |
Environmental Sustainability & Resilience features | To be determined |
Contact Information | Renee Rattray |
Matthew Mitchell |