Other Events ·
On June 18, 2026, the Utility Regulation and Competition Office (OfReg) approved a new 25-year license for…
CWCOConsolidated Water Co. Ltd.
On June 18, 2026, the Utility Regulation and Competition Office (OfReg) approved a new 25-year license for Consolidated Water's subsidiary, Cayman Water, effective August 1, 2026. The license grants exclusive rights to produce and distribute potable water in the Seven Mile Beach and West Bay areas of Grand Cayman. It establishes new base rates, including CI$16.23 per 1,000 gallons for residential consumption up to 3,000 gallons and CI$19.90 for commercial consumption up to 3,000 gallons. Pro forma estimates suggest the new rate structure would have reduced revenues by approximately $2.1 million in 2024, $1.9 million in 2025, and $0.6 million in Q1 2026 compared to the prior structure. The company operates in the utility industry, providing water production and distribution services.