The Development Bank of Jamaica (DBJ) has commenced preparations to list Wigton Windfarm on the Jamaica Stock Exchange (JSE).
This is in keeping with the Government’s plan for a Public-Private Partnership arrangement for the entity’s operations.
Managing Director of the DBJ, Milverton Reynolds, says listing on the JSE will afford private-sector companies and ordinary individuals the opportunity to invest in the Petroleum Corporation of Jamaica subsidiary by purchasing shares in the entity.
The DBJ is being assisted by Mayberry Investments which was selected as the stockbroker through a tender process.
It is expected that the listing and sale of Wigton's shares will be completed by the end of March 2019.