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Caribbean Utilities

Company nameCaribbean Utilities Company, Ltd.
Company typePublic
IndustryElectric Utilities
HeadquartersGrand Cayman
Key peoplePeter A. Thomson
Employees187

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Caribbean Utilities Company, Ltd. (Tsx - CUP.U), known locally as "CUC", commenced operations as the only public electric utility in Grand Cayman, the largest of the three Cayman Islands, in May 1966. The Company currently has an installed capacity of 114.63 megawatts (MW), and a new record peak load of 85.03 MW was experienced in September 2004.

The company has more than 200 employees, most of whom are Caymanian, producing electricity from diesel fueled generators. In the past, the company has recorded substantial damage to its assets from hurricanes.

CUC is partly owned by Fortis Inc., a holding company based in St. John's, Newfoundland and Labrador, Canada. CUC's shares are traded on the Toronto Stock Exchange.

Caribbean Utilities Video

United Nations, New York, 14 January 2010 - Nearly all government buildings in Port-au-Prince have been destroyed including the Presidential Palace, the main parliament building, prisons, schools and hospitals. MINUSTAH Scenes of destruction on the 14th framed the capital of Haiti, Port-au-Prince, as aftershocks continued. Almost all of Haiti's public buildings and utilities have been destroyed. Among the public buildings that collapsed were the National Palace (Head of the Government), the main parliament building, the DGI Building (tax headquarters), the National Court, and Ministry of Finance building. Communications were cut off, roads were blocked by rubble and trees, electric power was interrupted and water was in short supply. United Nations agencies are working around the clock to provide urgently needed assistance to the victims of the devastating earthquake, which is estimated to have affected one third of the Caribbean nations nine million people, a population that was already one of the most vulnerable in the world. Source: UNIFEED, MINUSTAH
2.38 min. | 5.0 user rating		 (Warning: This Video Contains Graphic Footage) United Nations, New York, 15 January 2010 - Mass graves are being dug up to bury the tens of thousands of dead as many people try to leave the city over cracked and debri covered roads. Seventy-two hours after a massive earthquake struck Haitis capital Port-au-Price and neighbouring areas, mass graves are being dug up in the outskirts of the city to bury the dead, which could reach up to a hundred thousand. The Minister of Public Health said that managing the bodies is one of the top health priorities, to prevent epidemics, and due to the enormous scale of the task bodies are being piled into heaps and buried together in nameless graves. SOUNDBITE (Creole) Dr. Alex Larsen, Minister of Public Health: "The urgent intervention here is to manage the bodies. We have to get them out, and sanitize the area, disinfect it. And we have to prevent epidemics." Haitis Minister of Civil Protection said the government expects more than 50000 dead, closer to 100000. He says 750000 may be homeless, and 250000 wounded. The government said yesterday they had already buried more than 7000 people. SOUNDBITE (Creole) Dieufort de Lorge, Minister of Civil Protection: "There are more than 50000 dead. We believe there are between 750000 and a million homeless, and about 250000 wounded." Meanwhile, scores of people started leaving the city in packed vehicles in a massive exodus away from the destruction of Port-au-Prince, sometimes traversing over <b>...</b>
1.88 min. | 4.7 user rating		 Caribbean Cruise 2004 www.simonlal.co.uk http
4.35 min. | 4.0 user rating

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Emera Reports Record Earnings - CNW Group (press release) Tweet this news
CNW Group (press release)---...- Company which serves 19000 customers on the -Caribbean- island of Grand Bahama. In addition to its electric -utility- investments, Emera owns Bayside Power, ... - Date : Fri, 05 Nov 2010 14:53:45 GMT+00:00
CUC Announces Third Quarter Results for the Period Ended September 30, 2010 - DigitalJournal.com (press release) Tweet this news
DigitalJournal.com (press release)---Caribbean Utilities- Company, Ltd. is listed for trading in United States dollars on the Toronto Stock Exchange under the trading symbol "CUP.U". ... - Date : Fri, 05 Nov 2010 14:51:26 GMT+00:00
CUC Announces Second Quarter Results for the Period Ended June 30th, 2010 - DigitalJournal.com (press release) Tweet this news
DigitalJournal.com (press release)---Caribbean Utilities- Company, Ltd. is listed for trading in United States dollars on the Toronto Stock Exchange under the trading symbol "CUP.U". ... - Date : Wed, 04 Aug 2010 22:45:29 GMT+00:00
In praise of Prof Pantin - Jamaica Gleaner Tweet this news
Jamaica Gleaner--Nowhere was this more evident than in the nascent years of the Organisation of -Caribbean Utility- Regulators (OOCUR) and the Regulated Industries Commission, ... - Date : Tue, 20 Jul 2010 06:11:50 GMT+00:00
Business journal - Telegraph-Journal Tweet this news
Telegraph-Journal--It owns electric -utilities- in five provinces and three -Caribbean- countries, and a natural gas -utility- in BC MIRAMICHI - Slam Exploration Ltd. (TSX. ... - Date : Thu, 05 Aug 2010 09:02:28 GMT+00:00
Nicor Earnings Shine, Revs Slip - Zacks.com Tweet this news
Zacks.com--One of the biggest gas -utilities- in the US, Nicor operates with a large, stable customer profile and low base rate. The company's containerized shipping ... - Date : Tue, 03 Aug 2010 20:54:04 GMT+00:00
The Coal Fight Comes to Texas - Burnt Orange Report (blog) Tweet this news
Burnt Orange Report (blog)--If you remember Pirates of the -Caribbean-, the soft option is kind of like Pirate Code. It's more of a guidelines, really, which means Elizabeth Turner is ... - Date : Mon, 02 Aug 2010 19:29:59 GMT+00:00
The more the merrier - Trinidad & Tobago Express Tweet this news
Trinidad & Tobago Express--His opinion is accurate to a point as the option of involving the -Caribbean- Court of Justice (CCJ) in its original jurisdiction remains a possibility. ... - Date : Sat, 03 Jul 2010 01:15:53 GMT+00:00
The more the merrier - Jamaica Observer Tweet this news
Jamaica Observer--His opinion is accurate to a point, as the option of involving the -Caribbean- Court of Justice in its original jurisdiction remains a possibility. ... - Date : Wed, 30 Jun 2010 11:05:38 GMT+00:00
System upgrades costing US$100m - The Trinidad Guardian Tweet this news
The Trinidad Guardian--RBTT is spending close to US$100 million on a system upgrade in T&T and in the -Caribbean-, said Suresh Sookoo, chief executive officer, RBTT Financial Group. ... - Date : Thu, 01 Jul 2010 05:09:21 GMT+00:00



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