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Publish Date : 29-Jun-2015

A $47 Million OPIC financing deal has been inked by Content Solar Ltd., a wholly-owned subsidiary of WRB Enterprises with the Overseas Private Investment Corporation (OPIC) to support WRB's 20 megawatt Content Solar photovoltaic facility in Clarendon, Jamaica.

The signing ceremony was attended by Jamaican Minister of Energy Phillip Paulwell and U.S. Ambassador to Jamaica Luis G. Moreno.

WRB Enterprises Chairman and CEO G. Robert Blanchard Jr. and OPIC Chief of Staff John Morton had ratified the agreement.

The deal strengthen the $47 Million OPIC loan to support WRB’s development of a 20 megawatt grid-connected solar photovoltaic facility in Clarendon, Jamaica. The project`s total value would be around $60 million.

Mr. Blanchard adds, “Content Solar will be the largest project of its kind in the Caribbean, delivering clean and reliable renewable energy at a stable price to Jamaica for decades to come. Content Solar will be the largest project of its kind in the Caribbean, delivering clean and reliable renewable energy at a stable price to Jamaica for decades to come. Content Solar will power more than 20,000 Jamaican homes, displacing more than 3 million gallons of fossil fuel currently burned each year.”

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