Skip to main content

Barbados electricity company acquires significant shares in St Lucia utility

| Antigua Observer Newspaper: "BRIDGETOWN, Barbados, CMC – The US-based Emera Inc. Tuesday announced that its wholly-owned subsidiary Emera Caribbean Limited has agreed to sell its 19.1 per cent interest in the St. Lucia Electricity Services Ltd (LUCELEC) to the Barbados-based Light & Power Holdings Ltd. (LPH) for US $25.8 million.
“This acquisition will allow for greater cooperation between two leading electric utilities in the Eastern Caribbean,” said Peter Williams, LPH managing director."


Enhanced by Zemanta

Comments

Popular posts from this blog