Author: Terise Kettle, SVP, Investment Banking
Editor: Natali Grunenfelder, Group Digital Marketing Manager
Jamaica’s energy sector is on the move — and if you’re passionate about sustainability, growth, and keeping more money circulating right here at home, this is a story you’ll want to follow closely!
For years, government projects and foreign investments have helped push us towards a greener future, but did you know you — yes, you! — can play a big role too? By tapping into the power of our local equities market, we can unlock fresh capital, spark innovation, and take giant strides towards energy independence. Ready to see how? Let’s break it down!
Where We Are Now
Jamaica has made impressive progress in diversifying our energy mix. Solar panels, wind farms, and hydro plants have all gained momentum — but fossil fuels still make up about 89% of our electricity generation. That’s a big chunk, and it leaves us vulnerable to oil price swings and global supply hiccups.
The goal? Cut that down to 50% and replace it with renewables by 2030. It’s 2025 — so there’s no time to waste. That’s where local financing comes in.
How the Equities Market Can Supercharge Our Energy Goals
- Fuelling Renewable Energy Projects
Companies listed on the Jamaica Stock Exchange (JSE) can raise money through IPOs and stock offerings. More capital means more solar farms, wind turbines, and hydro plants — and lower energy costs for everyone.
- Getting Everyone Involved
Whether you’re a big institution or an everyday investor, buying shares in local energy companies lets you share in the growth and support Jamaica’s energy transition. Win-win!
- Driving Innovation & Modern Infrastructure
With equity financing, companies can invest in smart grids, battery storage, and other cutting-edge tech that make our energy system stronger and more reliable.
- Boosting Green Bonds & Sustainable Investments
The JSE’s new Green Bond Initiative means more money flowing into clean, eco-friendly projects. If you’re passionate about sustainability, this is where your investments can make a real impact.
- Cutting Dependence on Foreign Debt
Raising money locally reduces our reliance on foreign loans and imported fuel. That means we’re less affected by global oil shocks and more in control of our own energy destiny. - Sparking Jobs & Growth
A booming energy sector means more jobs in engineering, construction, maintenance — you name it. When companies expand, communities benefit too.
Real Results, Real Potential
We’ve already seen it in action: In 2022 alone, Jamaica’s capital markets arranged over $6 billion in financing to power up our energy sector. Big names like Wigton Windfarm and FESCO tapped local investors to grow — and more opportunities are on the horizon.
If we keep this momentum, Jamaica can attract more investors, build stronger partnerships, and shape an energy market that’s resilient, sustainable, and proudly Jamaican.
Ready to Be Part of the Transformation?
The future of energy is local. It’s sustainable. And it’s driven by smart investors like you.
At Barita Investments Limited, we’re here to help you invest wisely — so together, we can power Jamaica’s energy revolution and secure a brighter tomorrow for generations to come.
Let Barita Investments Limited power the future – one smart investment at a time.
