Jamaica Energy Partners assumes management of Jamaica Private Power Company following InterEnergy Group acquisition

This acquisition expands the group’s total generating capacity to 250 megawatt in Jamaica, retaining the company’s position as the largest independent power provider.

“Today, with JEP’s two power barges (124 MW) in Old Harbour Bay; West Kingston Power Partner’s 66MW onshore plant and the addition of JPPC the InterEnergy Group now owns and operates a total capacity of 250 MW in Jamaica,” stated the company in a release.

“The JEP team has a vested interest in Jamaica. We believe in enabling businesses to sustain the lives of our people, through employment, the provision of local goods and services as well as promoting a good standard of living. With this addition, our company will not only increase its reach but contribute more to national development and energy security whilst maintain a 100% Jamaican workforce”. – Wayne McKenzie, president and chief executive officer (CEO) of JEP, WKPP and JPPC

McKenzie, along with JEP/WKPP’s current management team, has already implemented the necessary plans to continue business as usual at the newly obtained power facility. McKenzie and the senior management team including chief technical officer (CTO), Cecil Gordon; chief financial officer (CFO), Raymond Grant, expeditiously mobilised a transition team from JEP/WKPP to join the staff at JPPC amid new management.

“With over 20 years of experience each, our senior managers have groomed the transition team which is dedicated to continuing to work assiduously to meet the demands of the sector and energy needs for all Jamaicans,” the company said.

“JEP and its affiliates, part of InterEnergy Group, have always supported the Government of Jamaica’s initiatives since its formation in 1995.

“We were the pioneers in the independent private power (IPP) market when the country urgently needed generating capacity through foreign direct investment and have strategically grown our portfolio from 74MW to 250MW.”

“The IEH Group represents the perfect partner to continue the alliance with the government’s strategies. Our portfolio of assets includes wind, solar and natural gas-fired power plants, all part of the government’s strategy for the next 30 years. We remain committed to the support of national initiatives and are grateful to the Government in providing a seamless transition in conducting business in Jamaica,” said Rolando Gunzalez Bunster, chairman of the InterEnergy Group, which owns and operates energy businesses in Latin America and the Caribbean.

Their roots in the power generation business started 26 years ago in the Dominican Republic, and today InterEnergy owns and operates power distribution assets as well as fuel distribution and logistics businesses not only in Jamaica but in Panama,and Chile with a power portfolio that represents nearly 1,250 MW of aggregate available capacity.