Grenada Electricity Services Ltd. (Grenlec)

The Grenada Electricity Services Ltd. (GRENLEC,) the provider of electricity in Grenada, Carriacou and Petit Martinique is publicly traded on the Eastern Caribbean Securities Exchange (ECSE). Two hundred and thirty-five employees provide integrated services of generation, transmission and distribution of electricity to more than 40,000 customers. GRENLEC is actively pursuing a strategic goal to provide for 35% of demand through renewable energy generation by 2016. This will be a far-reaching transformation from the diesel generation plants that currently supply the tri-island state. Customer renewable energy interconnections currently account for more than 1% of demand. GRENLEC has installed an additional 182 KW of renewable energy in Grenada and Petit Martinique. The Company owns and operates one main generating station in Grenada with an installed capacity of 39 MW, a 1.920 MW station in Carriacou and a 483 KW station in Petit Martinique. Our distribution network is comprised of about 220 miles of 11KV distribution lines, which serve 99.5% of the population. GRENLEC provides a safe and reliable service by investing in its employees, business and communities.