Light & Power Holdings Ltd., of Barbados has signed letters of intent to acquire a controlling interest in Dominica Electricity Services Ltd from WRB Enterprises of Tampa, Florida, and its affiliated entities.
Dominica Electricity Services is the sole electric utility for Dominica, serving 34,000 customers. WRB owns 52 percent of Dominica Electricity Services, with 21 percent held by Dominica Social Security Scheme and the remainder by other investors.
"The acquisition of Dominica
No comments:
Post a Comment