Wigton Windfarm Limited (WIG) has advised that it has entered into an agreement to acquire a twenty-one percent (21%) shareholding in Flash Holdings Limited (FHL).
FHL is a company incorporated in St. Lucia as a pure equity holding company. FHL is the sole shareholder of Flash Motors Company Limited, a company incorporated in Jamaica which will distribute and sell electric vehicles.
This initiative forms a part of Wigton’s thrust towards the diversification of its business and its involvement in projects that seek to reduce the negative effects of climate change and sustain a healthy environment.