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Wartsila Nets Repeat Power Barge Order from Jamaica

Posted on April 6, 2005

Wärtsilä Corporation has won a repeat order for a 49.5 MW power barge from the Caribbean island of Jamaica. It will join an existing 74 MW Wärtsilä power barge delivered 10 years ago.

The new power barge has been ordered by the independent power producer (IPP) Jamaica Energy Partners LLC under a turnkey contract. Jamaica Energy Partners is a company controlled by the Latin Power Funds I and II. These funds, formerly known as the Scudder Latin America (SLAP) funds, are today managed by Conduit Capital Partners out of New York City. This deal constitutes the fourth transaction between the LP funds and Wärtsilä throughout the course of a successful 12-year relationship.

The new barge will be equipped with three generating sets, each driven by a Wärtsilä 18V46 engine. The barge will be provided with all necessary ancillary equipment for independent operation, including treatment plant for the heavy fuel oil used by the engines and a 138 kV electrical substation. The barge will be constructed and outfitted in Singapore. Delivery of the barge to Jamaica will be in December 2005, just 12 months after the contract was signed. The barge will be located in Old Harbour, Jamaica.

The generating plant has a gross output of 51 MW, giving a net output from the barge of 49.5 MW. The electrical power will be fed into the distribution grid of the utility company Jamaica Public Service Co Ltd.

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