Special Advisory: Wigton Windfarm Limited (WIG)

February 22, 2024

 

Wigton Windfarm Limited (WIG) has advised that the Company has entered into an Addendum to the Power Interchange Agreement in respect of Wigton Phase I with the Jamaica Public Service Company Limited dated February 16, 2024 to extend the period of operation of the said plant for another three (3) years as of April 1, 2024.

The extension of the period of operation of Wigton Phase I as aforesaid will allow for the continued generation of energy from the plant by means of the existing equipment and will also allow for more time while stakeholder engagements actively continue on the repowering exercise to install newer and more efficient equipment.

 

Disclaimer:

Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s) or securities as at the date of this report. Each research analyst (s) also certify that no part of their compensation was, is, or will be, directly or indirectly, related to the specific recommendation(s) or view (s) expressed by that research analyst in this research report.

Company Disclosure -The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on the contents of this information is strictly prohibited and may be unlawful. Mayberry may affect transactions or have positions in securities mentioned herein. In addition, employees of Mayberry may have positions and effect transactions in the securities mentioned herein.

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