October 11, 2018
Wisynco Group Limited (WISYNCO) has advised that the Company intends to construct its own 2 megawatt energy plant at its Lakes Pen, St. Catherine location to be run on liquefied natural gas (LNG). The plant construction will take approximately eight months to complete at a cost of $300 million with an estimated payback period for the investment of three (3) years. The Company has contracted New Fortress Energy (NFE) for the gas installation and provision of the LNG.
