Latest News

31,000 J'cans to own shares in Wigton Windfarm

Thursday, May 16, 2019

Print this page Email A Friend!


KINGSTON, Jamaica — The lead broker in the initial public offering (IPO) of shares in Wigton Windfarm, Mayberry Investments, has indicated that 31,000 Jamaicans will own shares in the company.

“What is more noteworthy is that these 31,000 Jamaicans were willing to invest some $14 billion, when $5.5 billion was on offer. On May 22, Wigton will be proudly listed on the Jamaica Stock Exchange's main market,” Minister of Science, Energy and Technology, Fayval Williams said.

She was making her contribution to the 2019/20 Sectoral Debate in the House of Representatives on Tuesday.

Williams pointed out that the IPO has demonstrated the appetite of the Jamaican people to invest in the Jamaican energy sector.

In April of this year, history was made in the renewable energy industry, when Jamaicans were given the opportunity to invest in that sector by becoming owners of the largest wind energy facility in the English-speaking Caribbean – Wigton Windfarm Limited in Manchester.

Through this successful IPO, Jamaicans, with the smallest purchase of $1,000, were given the opportunity to take a further step towards energy independence by owning a stake in Jamaica's energy future.


Now you can read the Jamaica Observer ePaper anytime, anywhere. The Jamaica Observer ePaper is available to you at home or at work, and is the same edition as the printed copy available at http://bit.ly/epaperlive


ADVERTISEMENT




POST A COMMENT

HOUSE RULES

1. We welcome reader comments on the top stories of the day. Some comments may be republished on the website or in the newspaper � email addresses will not be published.

2. Please understand that comments are moderated and it is not always possible to publish all that have been submitted. We will, however, try to publish comments that are representative of all received.

3. We ask that comments are civil and free of libellous or hateful material. Also please stick to the topic under discussion.

4. Please do not write in block capitals since this makes your comment hard to read.

5. Please don't use the comments to advertise. However, our advertising department can be more than accommodating if emailed: advertising@jamaicaobserver.com.

6. If readers wish to report offensive comments, suggest a correction or share a story then please email: community@jamaicaobserver.com.

7. Lastly, read our Terms and Conditions and Privacy Policy



comments powered by Disqus
ADVERTISEMENT

Poll

ADVERTISEMENT
ADVERTISEMENT

Today's Cartoon

Click image to view full size editorial cartoon
ADVERTISEMENT