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Caribbean Utilities Company Ltd T.CUP.U

Alternate Symbol(s):  CUPUF

Utilities Utilities - Diversified
Caribbean Utilities Company, Ltd. is a Cayman Islands-based company engaged in generating, transmitting, and distributing electricity in its license area of Grand Cayman, Cayman Islands. The Company uses diesel generation to produce electricity for Grand Cayman. Its power system consists of 20 generating units, including 17 diesel engines, two gas turbines and one steam turbine with a combined capacity of approximately 166 megawatts (MW). In addition, it has four mobile units each with a capacity of about 1.5 MW. Its transmission and distribution system consists of about eight transformer substations, approximately 387 miles of overhead high-voltage (69 kilovolt and 13 kilovolt) and 53.8 miles of underground high-voltage (69 kilovolt and 13 kilovolt) T&D lines and 14 miles of high-voltage submarine cable in Grand Cayman. Its generating plant, transformer substations, office building, hurricane center, warehouse, fuel tanks and garage are all located on approximately 28.6 acres of land.


TSX:CUP.U - Post by User

Caribbean Utilities Company Ltd
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Post by Betteryear2on Feb 11, 2022 7:54pm
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Post# 34422393

Caribbean Utilities Company, Ltd. announces its results

Caribbean Utilities Company, Ltd. announces its results

Caribbean Utilities Company, Ltd. is listed for trading in United States dollars on the Toronto Stock Exchange under the trading symbol "CUP.U".

GRAND CAYMAN, Cayman Islands, Feb. 11, 2022 /CNW/ - Caribbean Utilities Company, Ltd. (TSX: CUP.U) ("CUC" or "the Company") announced today its audited results for the twelve-month period ended December 31, 2021 (all figures in United States dollars).

President and CEO of Caribbean Utilities Company, Ltd, Mr. Richard Hew says that during the past two years the Company has invested over $100 million in infrastructure to ensure the delivery of safe, reliable, affordable and sustainable electricity to our customers, while improving efficiencies to control operating costs.  

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