Paul Facey, vice-president of Pan-Jamaican Investment Trust. - Winston Sill/Freelance Photographer
Paul Facey, vice-president of Pan-Jamaican Investment Trust. – Winston Sill/Freelance Photographer

Pan-Jamaican Investment Trust is eyeing the energy market for its next venture, saying Government’s plan to boost the supply of renewables offers new revenue opportunities for the company.

“We want to participate in the 115 MW request for proposals,” said Paul Facey, director and vice-president of investments.

“We see the economic benefits in bidding … It will bring a steady cash flow to the group,” he told

The government of Jamaica is not using the pricing mechanism of the state-owned refinery, Petrojam, to jack up the price of petrol in order to benefit from increased tax revenues.

This was stated by General Manager of Petrojam, Winston Watson, on April 4, during a question and answer session on the topic: