Jamaican beverages, food and packaging products manufacturer Wisynco Group Limited plans to build its own energy plant at its complex in St Catherine, to be run on liquefied natural gas.

Wisynco said it would be a 2-megawatt plant that would take eight months to develop at a cost of $300 million.

The company had contracted U.S. energy infrastructure company New Fortress Energy to do the gas installation.

Wisynco said that the conservative payback period for the investment is in three years.