News
FortisTCI in partnership with Edison Electric Institute, hosted a roundtable centered around the energy transition on Thursday, November 9, 2023, at its headquarters in Providenciales
#TurksandCaicos, November 22, 2023 – The hybrid event marked the continuation of dialogue, which started at the Company’s energy forum earlier this year, on changes in the industry and steps to navigate this monumental shift.
The roundtable was attended by stakeholders from various agencies and sectors in the business community, government officials, and the utility Company’s Board of Directors, Executives, and Management. Premier of the Turks and Caicos Islands, Honourable Charles Washington Misick, Honourable Otis Morris, Minister of Home Affairs, Public Utilities and Transportation, Honourable Josephine Conolly, Minister of Tourism and Environment, and Honourable Jamell Robinson, Minister of Physical Planning and Infrastructure Development, were in attendance.
Senior Vice President of International Programs at Edison Electric Institute, Dr. Lawrence Jones, delivered a presentation and moderated the program, which featured a cadre of industry thought leaders and experts. Senior Vice President of Operations at FortisTCI, Devon Cox, presented an overview of the Company, and the Integrated Resource Plan (IRP), which is used as a decision support tool for energy policy and utility investment plans. Special
remarks were delivered by Gary Smith, Chairman of FortisTCI Board of Directors, FortisTCI President and CEO Ruth Forbes, and Honourable Morris.
Presentations were delivered by Terry Travis, Managing Partner at EVNoire, Philip Moeller, Executive Vice President of Business Operations Group and Regulatory Affairs, Edison Electric Institute, Bob Rowe, Senior Advisor at Guggenheim Partners and Venture Partner at The Westly Group, David Lucido, Managing Director at Sentient Hubs, Julia Matevosyan, Chief Engineer at Energy Systems Integration Group, and Phil Dion, Senior Vice President of Customer Solutions, Edison Electric Institute.
The topics included Transitioning to Net Zero: What Does it Mean for Countries?, Evolving the Regulatory Compact: A Partnership Between Government and Utilities, Towards Modernized Resilient Energy Grids & Ecosystems, Integrating Renewables to the Grid, Accelerating Multi Modal Electrification in the Caribbean, along with Balancing the Three A’s: Affordability, Access, and Acceptance.
FortisTCI President and CEO Ruth Forbes, stated: “The energy transition will have a lasting and profound impact on our lives, our businesses and our communities. We therefore have a responsibility to be part of the conversation, and the solutions, for making the transition in a measured, sustainable and equitable way. FortisTCI has long been an advocate for regulatory reform of the energy sector, and a suitable regulatory framework and policies that address the pace of integration, grid resilience and safety, cost and cost recovery, and equitable stakeholder participation, to name a few critical considerations.”
Honorable Otis Morris described the energy transition as one of the most critical challenges of our current time and acknowledged the significance of the roundtable event. He stated: “The climate crisis demands that we act swiftly, decisively and collectively. We need to explore innovative solutions, adopt cutting-edge solutions, and rethink our
energy systems, all while maintaining economic stability. Modernizing the regulatory environment is key to enabling this transition. My government and department are dedicated to this issue as it rests heavily upon us to ensure a suitable regulatory environment.”
FortisTCI is a member of the Edison Electric Institute (EEI), which is the association that represents all U.S. investor-owned electric companies. EEI members provide electricity for nearly 250 million Americans, and operate in all 50 states and the District of Columbia. In addition to U.S. members, EEI has more than 70 international electric companies as International Members, and hundreds of industry suppliers and related organizations as Associate Members. Organized in 1933, EEI provides public policy leadership, strategic business intelligence, and essential conferences and forums.
Photo Captions:
Header: L-R: FortisTCI Board Chairman, Gary Smith, Premier of the Turks and Caicos Islands, Hon. Charles Washington Misick, FortisTCI President and CEO, Ruth Forbes, Vice President of Communications and Government Relations at Fortis Inc., Karen McCarthy, Hon. Otis Morris, Minister of Home Affairs, Public Utilities and Transportation, and Senior Vice President of International Programs at Edison Electric Institute, Dr Lawrence Jones.
1st insert: L-R: Hon. Jamell Robinson, Minister of Physical Planning and Infrastructure Development, Hon. Otis Morris, Minister of Home Affairs, Public Utilities and Transportation, Premier of the Turks and Caicos Islands, Hon. Charles Washington Misick, alongside FortisTCI Board Chairman, Gary Smith, and Directors of the Board, Richard Hew and Jason Roberts with VP of Communications and Government Relations at Fortis Inc., Karen McCarthy.
2nd insert: FortisTCI Board Chairman, Gary Smith, delivered special remarks at the opening of the roundtable.
3rd insert: FortisTCI President and CEO Ruth Forbes delivered special remarks at the opening of the roundtable.
4th insert: A cross-section of stakeholders from various agencies and sectors in the business community, were among the attendees.
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.
#TurksandCaicos, May 13, 2024 – Detectives of the Serious Crime Unit of the Royal Turks and Caicos Islands Police Force have
charged a man who allegedly stole a vehicle.
The accused, DANVANTE BRISCO, 30, of Kew Town, Providenciales, was charged with:
- One Count: Robbery
- One Count: Taking Motor Vehicle Without Authority
- One Count: Using Offensive Weapon to cause fear
Mr. BRISCO appeared in court today (May 13 ) and was granted bail of $7500.00 with one surety.
The matter was adjourned to July 05 for a Sufficiency Hearing.
#TurksandCaicos, May 13, 2024 – A 20-year-old Dock Yard male appeared in court today (May 13th) charged with a series of firearm-related offences.
The accused, JAMES SIMON, was denied bail and remanded into custody pending a Sufficiency Hearing scheduled for July 05th, 2024.
Mr. SIMON faces the following charges:
- One Count: Robbery;
- One Count: Gang Membership
- One Count: Possession of a Firearm for the Benefit of a Gang
- One Count: Possession of Ammunition for the Benefit of a Gang.
The charges against Mr. Simon followed investigations by officers of the Royal Turks and Caicos Islands Police Force into a robbery at the parking lot of a Casino where three males robbed a victim.
Additionally, Mr. Simon is charged with the following offences, having been arrested on May 02nd, 2024, along South Dock Road.
- One Count: Possession of a Firearm
- One Count: Possession of Ammunition
- One Count: Unlawful Entry
Officers also charged a teenage minor who was in the company of Mr. Simon on May 02nd with One Count of UNLAWFUL ENTRY.
The accused, seventeen and from Kew Town, Providenciales, pleaded guilty and will be sentenced on May 20th.
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