Radar > 239795

EREC wins tender to operate Jamaica's largest solar plant

EREC gana licitación para operar planta solar más grande de Jamaica

Intel ID : 239795
Synopsis

Eight Rivers Energy Company (EREC), a Jamaica-based solar power producer, won the tender launched by Jamaica's Office of Utilities Regulation to operate the island's largest solar power plant within a year, reported The Jamaica Gleaner on 11 May 2016, citing EREC Partner Angella Rainford.

EREC submitted a proposal for a 33.1-MW solar project that will supply power to the national grid at USD 8.54 per kWh, with an approximate investment of USD 48.7m. Rainford noted she expects the plant to be operational within a year.

EREC was created by Rainford's company, Rekamniar Frontier Ventures, based in London, and by Neoen, based in Paris, to submit the bid. The company competed with another 19 proposals in a tender to supply up to 37 MW of energy.
(content in spanish)

Eight Rivers Energy Company (EREC), empresa jamaicana dedicada a la generación de energía solar, ha ganado la licitación de la oficina de regulación de servicios públicos (OUR) de Jamaica para operar la planta solar más grande de la isla en un año, ha publicado The Jamaica Gleaner el 11 de mayo de 2016, citando a la socia de EREC, Angella Rainford.

EREC ha presentado una propuesta de un proyecto solar de 33,1 MW, que proveerá energía a la red nacional a USD 8,54 por kWh, con una inversión aproximada de USD 48,7m. Rainford ha señalado que espera que la planta entre en operación en un año.

EREC ha sido constituida por la empresa de Rainford, Rekamniar Frontier Ventures, con sede en Londres, y por Neoen, con sede en Paris, para presentar la oferta. La empresa ha competido con otras 19 propuestas en una licitación para proveer hasta 37 MW de energía.

Intel ID 239795
Value ND
Native Currency US Dollar (USD)
Exchange Rate:
Date
Country
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Bidder

Name
verified
Subsector (Old TTR Sectors)
Energy and Renewable Energies / Solar (Primary)
Primary Sector (TTRSC)
20.04.08 Solar Power
20 Energy & Utilities / 20.04 Renewable Energy

Country
Description

Seller

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Other Services (Primary)
Primary Sector (TTRSC)
50.01.02 Government Administration
50 Public Services & NGOs / 50.01 Government & Public Administration

Country
Description

Ultimate Owner (Buyer)

Name
verified
Subsector (Old TTR Sectors)
Energy and Renewable Energies / Solar (Primary)
Energy and Renewable Energies / Wind
Energy and Renewable Energies / Biomass
Primary Sector (TTRSC)
20.04.08 Solar Power
20 Energy & Utilities / 20.04 Renewable Energy

Secondary Sectors (TTRSC)
20.04.02 Biomass
20 Energy & Utilities / 20.04 Renewable Energy

20.04.09 Wind Power
20 Energy & Utilities / 20.04 Renewable Energy

Country
Website
Description

Ultimate Owner (Buyer)

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Country
Website
Description

Competitor

Name
potential
Subsector (Old TTR Sectors)
Energy and Renewable Energies / Wind (Primary)
Primary Sector (TTRSC)
20.04.09 Wind Power
20 Energy & Utilities / 20.04 Renewable Energy

Country
Description

Competitor

Name
potential
Subsector (Old TTR Sectors)
Energy and Renewable Energies / Electric (Primary)
Country
Website
Description

Radar

Date Title Type Intel Grade Country Subsector  

Legend:

verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.