Caribbean Utilities Company, Ltd. is an electric utility provider that generates, transmits, distributes and sells electricity to the island of Grand Cayman in the Cayman Islands. The company holds an exclusive licence from the Cayman Islands government to operate the island’s power system and is publicly traded on the Toronto Stock Exchange and over‐the‐counter markets under the symbol CUPUF. Its service territory encompasses all major population centres of Grand Cayman, supporting residential, commercial and industrial customers with reliable energy supply.
Established in 1964 and commencing operations in 1966, Caribbean Utilities Company has developed its generation capacity around its Cat Bay power station, which primarily relies on diesel and heavy fuel oil generators. Over time, the company has expanded its transmission and distribution network to accommodate growth in tourism, real estate development and local business activity. Regular system upgrades and maintenance programs help maintain high levels of service reliability, while the utility operates under a framework of regulatory oversight and performance standards set by the Cayman Islands Utilities Regulation and Competition Office.
In recent years, Caribbean Utilities Company has explored opportunities to integrate renewable energy sources and modernize its infrastructure. Pilot solar installations and energy efficiency initiatives have been undertaken to diversify its fuel mix and reduce emissions. The company’s engineering and operations teams focus on grid stability, customer safety and resilience against tropical storms, drawing on best practices in utility management and emergency response planning.
Governance is overseen by a board of directors with executive leadership based in Grand Cayman. Management emphasizes transparent stakeholder engagement, environmental stewardship and adherence to local regulatory requirements. Through its long‐standing presence and exclusive franchise, Caribbean Utilities Company plays a central role in supporting Grand Cayman’s economic development and delivering essential energy services to the community.
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