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January 24, 2021

“Let’s Be Honest About Thermal”

Transcript from 2020 Virtual 12th Caribbean Renewable Energy Forum
As increasingly ambitious renewable energy targets are announced in the Caribbean, the vision for a clean energy transition occasionally minimizes the ongoing role of thermal (fossil fuels). Can solar, wind and storage along maintain a reliable, resilient electricity grid? Here’s an honest discussion about thermal: do we need it, how much, and how do we frame it in national energy targets. READ MORE
January 15, 2021

USAID Awards US $4 Million Towards Jamaica Renewable Energy Alliance

WRB Energy participates in Alliance to help strengthen energy sector resilience in Jamaica.
The United States Agency for International Development (USAID)  launched a three-year US$4 million Jamaica Energy Resilience Alliance led by Cadmus Group LLC (Cadmus). This Alliance, which involves a number of prominent local organizations, including WRB Energy, is expected to invest up to US$50 million to boost Jamaica’s renewable energy landscape, with direct economic and environmental impacts in the energy sector to the benefit of Jamaica’s  tourism sectors, and  other essential industry. READ MORE
January 13, 2021

Tampa company sells off investment in Grenada’s electric utility for $63M


By Luke Torrance – Reporter, Tampa Bay Business Journal
A Tampa-based company that partially owned and operated the electric utility for a Caribbean nation is now exiting that country, $63 million richer. WRB Enterprises, a privately held company that focuses on clean energy production, integrated utility operations and community investments, announced recently that it has sold off its ownership in Grenada's power utility. The company helped to run the utility, Grenlec, for 26 years.

"While we are sad to exit our investment in Grenlec after 26 years, we are proud to have transformed the company into a world-class utility system: one of the best-run utilities in the Caribbean," said Chairman and CEO G. Robert Blanchard Jr. READ MORE
December 28, 2020

WRB/GPP reach settlement with Government of Grenada, transfer Grenlec shares

Tampa, Fla.– WRB Enterprises (WRB) and Grenada Private Power Limited (GPP) today announced it had executed a Settlement Agreement with the Government of Grenada, effective December 24, 2020. Under that Agreement, WRB/GPP and related parties transferred their majority stake in Grenlec to the Government in exchange for the payment of USD $63 million, thereby making the Government of Grenada the majority shareholder of Grenlec. READ MORE