TCI News
TCI: MOU Trilateral Partnership with TCIG, FTCI, and Clinton Foundation
#Providenciales, October 31, 2019 – Turks and Caicos – On Wednesday, October 23, following Cabinet’s approval, the Government of the Turks and Caicos Islands, FortisTCI – the islands’ utility provider, and the Clinton Foundation signed a memorandum of understanding (MOU) to begin implementing initiatives supported by the country’s Resilient National Energy Transition Strategy (R-NETS). This strategy was developed by the Turks and Caicos Islands Government, FortisTCI, and Rocky Mountain Institute in 2018 and provides a roadmap for the country’s energy future over 22 years, from 2019 to 2040.
Under the MOU, all parties have committed to accelerate the development and integration of more clean energy sources throughout the Turks and Caicos Islands. The partnership will advance renewable energy in a number of ways:
· Building a regulatory framework;
· Support for permitting and planning of renewable energy projects;
· Assessment of resources, including wind resources, utility-scale energy storage capabilities, and land assessment of project sites using geographic information system (GIS) tools;
· Implementation of renewable energy technical skills analysis;
· Integration of electric vehicles; and
· Promotion of energy efficiency.
Speaking on the MOU, the Minister of Home Affairs, Public Utilities and Transportation Honorable Goldray Ewing, said, “TCIG is committed to developing a clean energy future for Turks and Caicos Islands that will decrease the islands’ reliance on imported fossil fuel, reduce the cost of electricity for households and businesses, and demonstrate the country’s willingness to play a lead role in efforts to combat climate change. This agreement represents the first step towards that goal.”
FortisTCI President and CEO Eddinton Powell, said, “The transformation of the energy sector in the Turks and Caicos Islands is taking shape, and the continued collaborative approach is critical to our success in transforming to the new energy future. By working together to advance sustainable and resilient energy projects in the TCI, we can meet the objectives established in the R-NETS. These objectives bring value and benefits to all stakeholders.
Mr. Powell added, “FortisTCI is pleased to continue partnerships with the Turks and Caicos Government and the Rocky Mountain Institute, and we look forward to working with the Clinton Foundation. Renewable energy brings with it great opportunities. There is no doubt that together, we can create an energy-producing economy and become less dependent on hydrocarbons. Together we can enable supply and price stability, entrepreneurship, and wealth creation across the TCI.”
Senior Project Manager, Clinton Climate Initiative Alexis Tubb, said, “The global community is looking to the greater Caribbean region to be first responders and champions for the fight against climate change. Replicable, scalable projects have the potential to show the world that renewable energy is affordable, economically sound, and environmentally sustainable. To make those projects possible, everyone needs to come to the table – the public, private, and non-profit sector. This MOU symbolizes that in Turks and Caicos all parties have come to that proverbial table and shown their commitment to accelerate clean energy.”
The Clinton Foundation and the Rocky Mountain Institute work together with governments and utilities to help foster the development and integration of renewable energy by enabling financing opportunities and providing project support. This work is made possible by the players of the Nationale Postcode Loterij in the Netherlands and the People’s Postcode Lottery in the United Kingdom.
Release: FortisTCI
Photo Captions:
Header: Minister of Home Affairs, Public Utilities and Transportation Honorable Goldray Ewing (center) with FortisTCI President & CEO Eddinton Powell (left) and Senior Project Manager, Clinton Climate Initiative Alexis Tubb, sign a joint MOU between Turks and Caicos, FortisTCI and Clinton Foundation, to advance the objectives set out in the TCI’s Renewable Energy Transition Strategy (R-NETS).
Insert: At the official signing of the joint MOU, (sitting left to right) FortisTCI Vice President of Innovation, Technology and Strategic Planning Rachell Roullet, FortisTCI President & CEO Eddinton Powell, Minister of Home Affairs, Public Utilities and Transportation Honorable Goldray Ewing, Permanent Secretary Ministry of Home Affairs Public Utilities and Transportation Clara Gardiner, Clinton Climate Initiative Senior Project Manager Alexis Tubb, Rocky Mountain Institute Associate Sydney Jules, (standing left to right) Deputy Permanent Secretary Ministry of Home Affairs Public Utilities and Transportation Russell Cox, FortisTCI Director of Legal Services Alexandria Missick, Senior Vice President of Corporate Services Ruth Forbes, and Clinton Foundation Senior Energy Associate Wes Adrianson .
Providenciales, Turks and Caicos Islands – May 14th, 2024 – The Turks and Caicos Islands Government and Molo Hotel Group reached a pivotal juncture on Monday, May 13th, 2024, with the ceremonial signing of a development agreement at the Premier’s Office on Providenciales. The agreement, which received official Cabinet approval on March 13th, 2024, signifies a steadfast commitment to advancing the economic landscape of the Turks and Caicos Islands.
Molo Hotel Group is a family-owned business, renowned for its distinguished portfolio of high-quality hotels worldwide. The
development initiative encompasses the construction of three distinct IHG branded hotels: InterContinental Turks and Caicos, Kimpton Turks and Caicos and Hotel Indigo Turks and Caicos. Scheduled for completion by 2027, each resort boasts a distinctive design from luxury to laidback sophistication spanning across the shores of Grace Bay Beach.
Kimpton Turks and Caicos – an epitome of luxury lifestyle living, will feature 192 guest rooms including three outdoor pools, a luxury spa and a fitness center. Additionally, seven dining options ranging from a beachfront restaurant to a rooftop bar.
Adjacent to the Kimpton, InterContinental Turks and Caicos will offer 59 classic luxury suites with panoramic ocean views. Mirroring its counterpart, this resort will offer an array of dining options and upscale facilities.
Steps away from the Intercontinental and Kimpton resorts, Hotel Indigo Turks and Caicos will embrace a sense of community and contemporary elegance, offering 56 bedrooms. The resort will feature an onsite restaurant, lobby bar, outdoor pool, and fitness room.
Beyond the realm of hospitality, this development agreement underscores the government’s commitment to fostering economic growth and enhancing employment opportunities in the Turks and Caicos Islands. Molo is partnering with the Turks and Caicos Islands Community College (TCICC) to actively promote hospitality as a career choice and support in developing training programs, career fairs, seminars, workshops, and events to raise awareness about hospitality careers. Molo has committed to provide employment and apprentice opportunities to TCICC students and provide mentoring and practical on property training to students.
The signing event was graced by Hon. Charles Washington Missick, Premier of the Turks and Caicos Islands, Hon. Jamell Robinson, Deputy Premier, Hon. Kyle Knowles, Minister of Public Safety and Utilities, Hon. Rachel Taylor, Minister of Education, Youth, Sports and Culture, Łukasz and Marcin Slominski, Owners of Molo, Ross Morrow, Managing Director Molo, Arik Kono, Vice President Upscale Development for IHG, Dr. Candice Williams, President and CEO of the Turks and Caicos Islands Community College, Angela Musgrove, InvestTCI CEO, Dr. Barbara Ambrister, Chairperson of the Turks and Caicos Islands Community College, Dr. Delores Stapleton- Harris, Vice President of Academic, Vocational and Student Affairs for the Turks and Caicos Islands Community College, Mr. Kevin Baxter, Dean of Technical Vocational Education Training (TVET) and Sheryl McLaughlin, InvestTCI Investment Services Executive.
Commenting on the development agreement, Premier, Hon. Misick, stated “The Memorandum of Understanding (MOU) signing of
IHG/Molo Hotels is a significant step towards a sustainable future for hospitality in the Turks and Caicos Islands. Three hotels, Kimpton, Intercontinental, and Hotel Indigo, will be introduced, enhancing our tourism product and creating employment opportunities.”
He further added, “Partnerships with the Turks and Caicos Islands Community College and Turks and Caicos Islands Sports Commission are underway, demonstrating the Government’s commitment to developing human capital and elevating tourism offerings. This project will bring economic growth, embrace local talent, and enrich our economy.”
Additionally, Mrs. Angela Musgrove, CEO of Invest Turks and Caicos Islands, emphasized “This collaboration confirms our commitment to fostering economic growth and prosperity within our country. We have worked closely with Molo Hotel Group, and we are confident that this transformative project will further position the Turks and Caicos Islands as a premier destination for travel and investment. Much to our delight, it will also provide opportunities for engagement with our Community College and small business community.”
The Government of the Turks and Caicos Islands, operating through its primary Investment Promotion
Agency, Invest Turks and Caicos Islands, remains committed to attracting and facilitating Foreign Direct Investments to the country by providing a comprehensive suite of services. Through strategic initiatives and targeted promotion, the agency catalyzes sustainable development, driving innovation and small business opportunities across various sectors of the economy.
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