FUND INFO > LATIN POWER I > Projects > Jamaica Energy Partners

Profile Name: Jamaica Energy Partners
Location: Old Harbor, Jamaica
Date: 1995
   
Type of investment: Greenfield
   
Generation Size & Technology: 124 MW Diesel Barges (Watsila)
   
Contracted Capacity: 124 MW
   
Power Sales: Long-term power sales contract with the national utility, guaranteed by the Government of Jamaica
   
Investment Size/Stake: 100% (combined with Latin Power II & III)
   
Partners: None
   
Commentary: Investment liquidated in 2007
   
Total Proceeds from Project: $55.0 million
   
Capital Gain: $42.5 million
   
Times Money: x 4.4
   
Quarterly IRR: 23.1%

CLOSE WINDOW