St Lucia Electricity Services Limited 2017 AR2
The report highlights St. Lucia Electricity Services Limited's (LUCELEC) operational and financial performance for the fiscal year 2017, under the theme of renewal. Key achievements include a 3.3% increase in electricity sales, a 2.1% increase in profit after tax to EC$34.7M, and system losses falling below 7% for the first time to 6.86%. The company commenced construction of a 3 MW solar farm in Vieux Fort, marking a major shift toward utility-scale renewable energy. Additionally, LUCELEC continued its extensive corporate social responsibility initiatives, supporting education, sports, arts, culture, and environmental projects across Saint Lucia.
Company: St Lucia Electricity Services Limited
Sector: Utilities
Country: Saint Lucia
Year: 2017
Type: AR2
Pages: 102
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St Lucia Electricity Services Limited
Annual Report
The report highlights St. Lucia Electricity Services Limited's (LUCELEC) operational and financial performance for the fiscal year 2017, under the theme of renewal. Key achievements include a 3.3% increase in electricity sales, a 2.1% increase in profit after tax to EC$34.7M, and system losses falling below 7% for the first time to 6.86%. The company commenced construction of a 3 MW solar farm in Vieux Fort, marking a major shift toward utility-scale renewable energy. Additionally, LUCELEC continued its extensive corporate social responsibility initiatives, supporting education, sports, arts, culture, and environmental projects across Saint Lucia.
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Document Details
Report Year
2017
Reporting Period
Jan 1, 2017 - Dec 31, 2017
Fiscal Year
2017
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees