Six things to know about Wigton Windfarm ahead of IPO:

1. Wigton Windfarm Limited, a subsidiary of the Petroleum Corporation of Jamaica (PCJ), is the largest wind energy facility in the English-speaking Caribbean.

 

2. Located in Rose Hill, Manchester, the wind farm currently comprises three plants that have a total capacity of 62.7 Megawatts.

 

3. The company’s main objective is to facilitate and promote the use of wind and other alternative forms of energy to drive the diversification of Jamaica’s energy mix.

 

4. Since becoming operational, Wigton has reduced national oil consumption by close to 406,000 barrels which has saved Jamaica almost J$3 billion.

 

5. Wigton’s vision is to be a catalyst for increased usage of wind power and other renewable energies for electricity generation. In fulfilment of this goal, the company actively supports the growth of Jamaica’s renewable energy industry by developing human capital.

 

6. As a clean energy facility Wigton’s operations contribute to efforts to preserve the environment and mitigate the effects of climate change. Wind energy generation provides a viable alternative to combustion of traditional fossil fuels which cause greenhouse gas pollution.