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DBJ Success Stories in Renewable Energy


Roy Jumi Poultry Operation- October 2008

DBJ provided loans to the Roy Jumi poultry operation to expand and upgrade one of the most technologically advanced poultry farms in Jamaica. The fully automated 2.03-hectare farm, located in Nightingale Grove, St. Catherine, has three tunnel-ventilated poultry houses with a total capacity of 64,000 sq. ft and 96,000 birds per batch in these poultry houses.

The DBJ has also funded the installation of solar panels to provide alternate energy to the poultry houses thus significantly reducing the farm’s electricity bill.

Jamaica Broilers Group- October 2008

The DBJ assisted the Jamaica Broilers Group (JBL) with a loan for the construction of an ethanol plant, an alternative energy project. The loan was channelled through National Commercial Bank Limited (NCB), Pan Caribbean Financial Services, and First Caribbean International Bank (FCIB).

The operation, which is projected to generate revenues ranging from US$139.7M to US$142.5M over a five-year period based on the variation in the pricing spread, has created 300 hundred jobs during construction of the plant.

Jamaica Broilers Group is the largest producer of poultry in the Caribbean and is listed on the Jamaica Stock Exchange (JSE).

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Category/ies:Jamaica News.
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