Grenlec contributes to advancing renewable energy; promoting energy efficiency; supporting education, sports, health and safety in the community; and assisting with disaster relief efforts.
The Government of Grenada’s press release last week incorrectly states that the Grenlec Community Partnership Initiative (GCPI) has been funded as a direct “pass through” charge to Grenadian consumers. This is totally false.
To set the record straight: the GCPI has not, and has never been, funded by Grenadian consumers through electricity rates. In fact, the GCPI has been solely funded by Grenlec shareholders who annually contributed more than 5% of the Company’s pre-tax profits to charitable community organizations. If the Company had not donated this money, it would have made no difference whatsoever to electricity rates.
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WRB Energy debuts new video, Renewable Energy Development for a Sustainable Future, at the 2017 Caribbean Renewable Energy Forum, Miami, Florida. WATCH THE VIDEO
WRB Serra Partners (“WRB Serra”) announced today that it has successfully completed the closing of WRB Serra Partners Fund I, L.P. (the “Fund”) with committed capital of $46.5 Million. The Fund secured capital from a mix of family office and institutional investors and the Overseas Private Investment Corporation.
Marking a significant improvement in Jamaica’s energy diversity, Content Solar, a 20-megawatt solar energy electricity generation plant officially opened in Content Village, Clarendon Parish, on June 22, 2017... READ MOREWATCH VIDEO
“We have a wonderful team that continually strives to provide our customers with greater energy security and the lowest possible cost by improving efficiency and reliability…” READ MORE
Through our Grenlec Community Partnership Initiative, over the last 23 years, Grenlec has invested more than $20 million in helping communities and organizations improve education, health care and… READ MORE
To Chief Engineer Clive Hosten, who joined Grenlec in 1988, improving system efficiency and increasing renewable energy are critical strategies for maintaining reliability and stabilising costs… READ MORE
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