Jamaica Public Service Company Limited
Category B projects have potential environmental and/or social impacts and risks that are less adverse than those of a Category A and which are generally limited to the project site, largely reversible and can be mitigated via measures that are readily available and feasible to implement in the context of the operation.
Projected date at which a project will be put forward for the Board of Executive Directors’ approval.
Projected board date
USD $ 100,000,000
Project scope and objective
The proposed transaction consists of a corporate financing of up to US$100 million to Jamaica Public Service Company Limited to support its investment program for 2024-2025. The use of proceeds includes investments on expansion and upgrade of its transmission and distribution network, reduction of distribution energy losses, innovation and technology infrastructure and digital transformation, customer service infrastructure, business development initiatives, among other investments on energy efficiency and initiatives to lower operating costs.
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IDB Invest Contact
1350 New York Ave NW, Washington, DC 20005