PROJECTS

PPP for Energy Efficiency and Solar PV in Schools, Jamaica

The problem

The Government of Jamaica knew that rooftop solar photovoltaic systems and energy efficiency retrofits could cut electricity costs at public schools, but it lacked the finance and expertise needed to implement its ideas. The government engaged Castalia to establish a replicable performance-based scheme for privately financed solar PV systems and energy efficiency retrofits in school buildings that would save money on school electricity bills.

How we helped

Castalia helped design a PPP arrangement where a private company would finance, install, and maintain the equipment and get paid based on electricity costs saved. We carried out a technical, economic, and financial feasibility study, prepared a business case, drafted the transaction documents, and helped manage the tendering process and subsequent negotiations. We also prepared an implementation plan for scaling up other schools and public facilities through similar performance-based schemes.

Impact

In March 2022, the Government successfully tendered an energy savings performance contract for 30 schools by providing lower cost solar electricity and savings for energy efficiency. This transaction was Jamaica’s first privately financed energy efficiency and distributed renewables project for public buildings.

The client

Development Bank of Jamaica

Our team

David Ehrhardt

David Ehrhardt

Chief Executive
Lisa Tessier

Lisa Tessier

Renewable Energy Specialist

Find out more

How can we help you?

CONTACT US

How can we help you?

CONTACT US

WASHINGTON, DC
+1 (202) 466-6790
1747 Pennsylvania Avenue NW, Suite 1200
United States of America

SYDNEY
+61 (2) 9231 6862
Suite 19.01, Level 19, 227 Elizabeth Street
Australia

AUCKLAND
+64 (4) 913 2800
Sinclair House, 3 Glenside Crescent
New Zealand

WELLINGTON
+64 (4) 913 2800
Level 2, 88 The Terrace
New Zealand

PARIS
+33 (0)1 85 64 10 22
3B Rue Taylor
France

BOGOTÁ
+57 (1) 508 5794
Calle 81 #11-08, Piso 5, Oficina 5-121
Colombia

Thinking for a better world.

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WASHINGTON, DC
+1 (202) 466-6790
1747 Pennsylvania Avenue NW, Suite 1200
United States of America

SYDNEY
+61 (2) 9231 6862
Suite 19.01, Level 19, 227 Elizabeth Street
Australia

AUCKLAND
+64 (4) 913 2800
74D France Street, Newton South
New Zealand

WELLINGTON
+64 (4) 913 2800
Level 2, 88 The Terrace
New Zealand

PARIS
+33 (1) 73 44 26 97
6 Rue Duret
France

BOGOTÁ
+57 (1) 508 5794
Calle 81 #11-08, Piso 5, Oficina 5-127
Colombia

Thinking for a better world.

Castalia-logo-negative-2col
PROJECTS        NEWS        BLOG        CONTACT
© Copyright 2019 Castalia. All rights reserved.
Terms | Privacy | Credits | Sitemap