GEBE shareholders
reps tour facilities
CAY BAY--The Cay Bay power plant and adjoining Air-Fin water production facilities of GEBE were toured recently by members of the utilities company’s Shareholders’ Foundation that comprises representatives of St. Maarten, Saba and St. Eustatius.
According to a company press statement, the representatives were very impressed with the facilities and the work being carried out to ensure the power grid functions well and optimally.
The group also visited the company’s headquarters in Philipsburg, warehouses, the A.Th. Illidge Road substation and the new Air-Fin water plant in Cupecoy after the board’s biannual shareholder’s meeting held on February 28. GEBE financial statements for 2006 were approved in the meeting.
GEBE Managing Director William Brooks gave a presentation to the board on the company’s current activities, the 10-year business plan and future plans.
The GEBE Shareholders Foundation has as members the governments of the three Windward Islands. The Central Government transferred its shares to the foundation four years ago. The representatives on the board are Chairman Ralph Richardson, Secretary Dreena Lopez and members Richard Gibson Jr. of St. Maarten, Roy Smith of Saba and Max Pandt for St. Eustatius.
