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Utility

  • Exploring the Energy Transition: A Q&A with Caribbean Utility Executives

    April 13, 2023

    Caribbean utilities play a critical role in promoting the energy transition in the region. Their challenges? Myriad. The potential for stranded assets, short-term capital expenditure, and how to ensure dependable service to customers in an era of increasingly severe climate change effects – to name just a few. In the final weeks before the 15th […]

  • Screaming Power enters the Caribbean market

    October 24, 2020

    Screaming Power, a leading North American provider of branded utility billing, monitoring, conservation, and energy data management platforms announced their entry into the Caribbean market. Screaming Power concluded its first international sale with the Trinidad & Tobago Electricity Commission (T&TEC), awarded through a Request for Quotation (RFQ). Source

  • The Evolving Utility: An Interview with FortisTCI CEO, Ruth Forbes

    From our Editorial Team

    August 20, 2020

    Following her recent appointment as the new President and CEO of FortisTCI, we sat down with Ruth Forbes to talk about the clean energy transition in the Caribbean, her priorities for the Turks and Caicos utility, and how women can take a bigger role in the energy sector. You joined FortisTCI in 2006, and have […]

  • FortisTCI and Ritz-Carlton partner on renewable energy

    July 10, 2020

    FortisTCI and the Ritz-Carlton Hotel and Residences are working together to increase renewable energy integration in the Turks and Caicos Islands. The luxury-branded development has signed on as FortisTCI’s 10th Utility Owned Renewable Energy Program (UORE) customer, further diversifying the country’s energy profile. The Ritz-Carlton Hotel and Residences are currently under construction on Grace Bay […]

  • JPS appoints new CEO

    May 27, 2020

    As Emanuel DaRosa’s term expires on May 30, the board of directors of JPS appointed Michel Gantois to lead Jamaica’s utility as president and CEO.  Previously, Gantois led the development of a hydrogen business unit for an Australian mining company, and has a decade of experience at ENGIE as CEO for Australia, Peru, and Pakistan, […]

  • Belco takeover awaits regulatory approval

    April 8, 2020

    The Regulatory Authority is inviting comments through May 4, 2020 from the public on the proposed change of control of utility Belco. Algonquin Power and Utilities Corporation, a Canadian group, has agreed to acquire Ascendant Group Ltd, parent company of Belco, in a deal worth more than $360 million. Ascendant’s board and shareholders have approved […]

  • Puerto Rico Regulator Asks Court to Pause PREPA RSA Hearings

    March 28, 2020

    Puerto Rico’s Financial Oversight and Management Board (FOMB) announced that it’s filing a court motion to suspend all hearing and briefing deadlines for PREPA’s Restructuring Support Agreement. This agreement, intended to resolve the electric utitlity’s debt, would require a status report by May 15, 2020. See the full press release here. 

  • Haiti Suspends Payments to State-Run Energy Company

    February 12, 2020

    Haitian Finance Minister Joseph Jouthe confirmed that the government has suspended US$7 million in monthly subsidies to Électricité d’Haïti (EDH). According to Jouthe, the state-run energy company should be able to secure loans. EDH is currently owed $230 million dollars, 60% of that from residential customers. Source

  • Hearing on US$8.3-billion PREPA restructuring deal delayed

    January 6, 2020

    A U.S. District Judge has canceled a Jan. 14 hearing on the Puerto Rico Electric Power Authority (Prepa) $8.3-billion restructuring deal, as requested by the Financial Oversight & Management Board and the Fiscal Agency and Financial Advisory Authority. This is the fifth postponement of the hearing and a new date hasn’t been set to discuss […]

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