ELECTRICAL UTILITIES - TURKS & CAICOS ISLANDS


FORTIS TCI
Fortis TCI serves more than 9,000 customers, or 88 percent of electricity consumers in the Turks & Caicos Islands. It owns and operates a fully integrated system providing for the generation and distribution of energy in Providenciales, North Caicos and Middle Caicos pursuant to a 50-year license that expires in 2037. It also owns and operates an independent generating station and distribution system on South Caicos and is the sole provider of electricity for that island pursuant to a 50-year license that expires in 2036. The Company has a combined diesel-fired generating capacity of 48 MW and met a combined peak demand of 28 MW in 2007. Fortis Turks and Caicos owns and operates 325 kilometers of transmission and distribution lines.

TCI UTILITIES LTD.
In 1986 Turks & Caicos Utilities, Ltd. (TCU) and WRB instituted one of the first successful privatizations in the Caribbean. TCU now operates the electrical utility systems on Grand Turk and Salt Cay at a reliability factor at or greater than 99 percent. With an installed capacity of 5.2 MegaWatts and computerized metering systems, TCU provides state-of-the-art power services for approximately 2,000 customers on Salt Cay and Grand Turk.