Archive for November 26th, 2014
![CUC raises $50m to fund new diesel plant CUC raises $50m to fund new diesel plant](http://i0.wp.com/cnsbusiness.com/wp-content/uploads/2014/07/CUC2.jpg?resize=150%2C150&ssl=1)
CUC raises $50m to fund new diesel plant
(CNS Business): Grand Cayman’s power supplier has raised $50 million in the US markets from an unsecured private debt placement. Caribbean Utilities Company (CUC) raised the cash from different institutional investors to finance the development of a 39.7 MW diesel power plant and other capital expenditures. CUC was recently awarded the contract to supply itself […]
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