Photos: Energy group celebrates CEO’s national award
Prime Minister Andrew Holness joined family and friends of JEP CEO Wayne McKenzie for a celebratory dinner following the National Honours And Awards
Wayne McKenzie, President and CEO of the InterEnergy Holdings’ group of companies in Jamaica was among 215 Jamaicans to receive a national honour/award on Heroes Day (Monday October 21).
McKenzie received the Order of Distinction in the Rank of Officer for contribution to the sustainability of Jamaica’s energy sector and civic development.
He leads the group of companies which includes the Jamaica Energy Partners (JEP), West Kingston Power Partners (WKPP) and the recently acquired Jamaica Private Power Company (JPPC).
To commemorate this achievement, the group staff, as well as friends and family, gathered for a celebratory dinner at the Jamaica Pegasus Hotel following the National Honours and Awards ceremony.
Prime Minister Andrew Holness and Local Government Minister Desmond McKenzie were also in attendance.
JEP CEO national award party
Click the gallery for photos
It is not the first time that McKenzie has received a prestigious honour. In April 2018, he was awarded the Prime Minister’s Medal of Appreciation for outstanding service in energy conservation and civic development.
McKenzie’s service to Jamaica's energy sector and communities spans over 20 years. Under his stewardship, JEP’s operating asset Doctor Bird Power Station transitioned from being managed by a foreign-owned entity to self-operation in September 2002.
In 2006, JEP grew from one 74MW power barge to two power barges adding 50MW of energy to the national grid, representing a 67 per cent growth in the Company’s generating capacity.
His career in the power industry began as a planning engineer at Jamaica Public Service where he was employed from 1990 through to 1996, to Chief Executive Officer of JEP.
Today, Mr McKenzie, a visionary and astute leader, is admired by staff and colleagues for his propensity for success primarily, for his expertise and accomplishments in power plant development, management and operations; power purchase agreement negotiations; capital structuring; risk management as well as strategic and operational planning.
In March 2019, he piloted the team that closed the $4 billion deal in InterEnergy Holdings’ acquisition of Jamaica Private Power Company (JPPC), the 60MW Independent Power Provider located in Rockfort, Kingston.
McKenzie joined JEP in 1996 as the Chief Project Engineer. In March 2000, he was appointed general manager making him the youngest national to lead an electric company in Jamaica.
In the capacity of a negotiator, he was the lead architect in convincing the Caribbean lenders to provide 100 per cent financing of the expansion at the cost of US$78 million, refinancing the existing debt and extending the tenure of the loan to 15 years.
The company grew from 74 employees to 121 employees, also increasing asset value and profitability.
In 2018, McKenzie played a significant role in closing a $133 million syndicated loan with local banks for Jamaica Energy Partners, which the team completed in 45 days.
In addition to his experience in the energy field, McKenzie is also adept in community development and corporate social responsibility and continues to invest time and resources geared towards the advancement and sustainability of the West Kingston and Old Harbour Bay communities, through health, environment, education and sporting initiatives.