IDB Invest and JPS sign US$100 million deal to upgrade Jamaica’s power infrastructure

IDB Invest and Jamaica Public Service Company Limited (JPS) have signed a US$100 million financing deal aimed at bolstering JPS’ capital investment program. This funding will aid in modernizing Jamaica’s electricity grid and enhancing electricity access across the country. CIBC Caribbean joined as a co-arranger, mobilizing an additional US$50 million for the initiative.

Source: IDB Invest