GRENLECGrenada Electricity Services
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The Keith Mitchell administration has sought to renegotiate the sale of GRENLEC to WRB, saying a previous administration had undersold the business.
Wartsila, a leading supplier of diesel engines in the Caribbean, is complaining that the bidding process was unfair since the consultants used are employed with the American firm WRB that owns a Caterpillar subsidiary in California and has controlling interest in GRENLEC, said Rodney George, Wartsila's Manager at the Caribbean head office in Puerto Rico;
Half the shares in GRENLEC were sold to WRB for EC$30 million (US$11.