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CARIBBEAN UTILITIES COMPANY, LTD. - DRIVING A SUSTAINABLE FUTURE: STRONG RESULTS, STRATEGIC INNOVATION AND CUSTOMER VALUE
CARIBBEAN UTILITIES COMPANY, LTD. - DRIVING A SUSTAINABLE FUTURE: STRONG RESULTS, STRATEGIC INNOV...
About this update from Caribbean Utilities Co. Ltd. Class A
[{"type":"text","content":"\n\n\nCARIBBEAN UTILITIES COMPANY, LTD. - DRIVING A SUSTAINABLE FUTURE: STRONG RESULTS, STRATEGIC INNOVATION AND CUSTOMER VALUE\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nCanada NewsWire\n\n\nCaribbean Utilities Company, Ltd. delivers growth, creating meaningful savings, reliability, and long-term value for customers.GRAND CAYMAN, Cayman Islands, Feb. 17, 2026 /CNW/ - Caribbean Utilities Company, Ltd. (\"CUC\" or the \"Company\") announced its audited results for the twelve months ended December 31, 2025 (\"Fiscal 2025\") (all figures are in United States Dollars).\n\n\n\n\n\n\n\n KEY HIGHLIGHTS FOR SHAREHOLDERSEarnings: 11% increase totaling $47.4 million for the year ended December 31, 2025.Innovation: The successful implementation and utilization of the Battery Energy Storage System (\"BESS\") and the life cycle upgrades to five major engines delivered measurable cost savings and efficiency gains for customers.Shareholder Value: Earnings on Class A ordinary shares for fiscal 2025 were $46.3 million.Customer Affordability and Reliability: Achieved $7.9 million in fuel cost savings for customers in 2025 and reduced outage interruption hours by 33% when compared to 2024.  Reliability performance in 2024 exceeded the North American average, and results in 2025 continue to outperform that benchmark.Revised S&P Global Rating: Rating improved from negative to stable outlook.In May 2025, the Board approved a 3% dividend increase, raising the quarterly dividend from $0.185 to $0.190 per Class A Share, reflecting the Company's continued financial strength and commitment to delivering long term value to shareholders.\"As we close out the financial year, I am proud of the strong results we have achieved while staying focused on what matters most - delivering a resilient and equitable energy system for the households and businesses we serve. Our disciplined approach and strategic investments have advanced key projects that improve efficiency, enable renewable deployment, and reduce costs. These efforts not only strengthen our financial performance...