According to the CDB, the project will reduce the consumption of fossil fuel-generated electricity through energy efficiency measures and renewable energy substitution, resulting in lower greenhouse gas emissions in St. Vincent and the Grenadines.
As stated on the companies' websites:
The formation of St. Vincent Electricity Services Limited (VINLEC) in 1961 set the pace for the development of the electricity sector in the country. During the early 1970’s the government of St. Vincent and the Grenadines acquired 49% shares, while 51% remained with the CDC. The operations were further streamlined with the enactment of the Electricity Supply Act of 1973. On July 1st 1985, VINLEC became a state owned entity, when the government acquired the remaining 51% shares of the Company.
Argyle International Airport is the newest gateway to St. Vincent & the Grenadines and the newest International Airport in the Eastern Caribbean following the commencement of Operations in February 2017.It will be in charge of the operation and maintainance of the solar PV plant.
According to Bloomberg, Ozz Electric Inc. operates as an electrical contracting company. The Company offers design build, wiring and electrical installation, power installation, fire alarm installation, advisory, temporary electrical systems, building management systems, lighting control systems, and data communication and network systems. Ozz Electric serves customers in Canada.
It will be in charge of the construction works for the project.
|Private Actor 1||Private Actor 1 Role||Private Actor 1 Sector||Relation||Private Actor 2||Private Actor 2 Role||Private Actor 2 Sector|
|-||-||-||-||Argyle International Airport Inc.||Contractor||Transport|
|-||-||-||-||OZZ Electric Inc.||Contractor||Energy|
|-||-||-||-||St. Vincent Electricity Services Limited||Client||Energy|
CDB Team Leaders:
Mr. Daniel Best - Director, Projects Department
Phone: +246 431-1710
L. O’Reilly Lewis - Division Chief, Economic Infrastructure Division
Executing Agency - St. Vincent Electricity Services Limited:
OZZ Electric Inc.:
Argyle International Airport Inc.:
ACCOUNTABILITY MECHANISM OF THE CDB
Complaints about suspected fraud and/or corruption may be submitted to the Office of Integrity, Compliance and Accountability. Allegations may be made by a variety of sources including staff, consultants, contractors, and other persons who may consider themselves participants in, witness to or victims of wrongdoing.
To make a complaint, access the following webpage: https://secure.ethicspoint.com/domain/media/en/gui/55678/index.html.