Caribbean Utilities Company: Funding, Investors & Team (Oct 2026)
In May 1966, Caribbean Utilities Company, Ltd., also known as "CUC," launched operations as Grand Cayman's sole public electric company. Grand Cayman is the largest of the three Cayman Islands. The Company has gone through many difficult and thrilling times, but for more than 50 years, it has kept up with Grand Cayman's rapid development. We are now regarded as one of the Caribbean's most trustworthy and effective power providers.
Caribbean Utilities Company has raised $80.0M across 1 funding round on record, the most recent an undisclosed round of $80.0M announced in Nov 2022.
That round is above the $15M median round size for Energy companies tracked on FundedIQ over the last two years.
Caribbean Utilities Company Company Profile and Key Stats
Latest funding round on record: Nov 2022.
Caribbean Utilities Company Funding Rounds
Caribbean Utilities Company Founders and Leadership Team
No contact details are on record for this team yet.
Caribbean Utilities Company Funding Compared to Other Energy Startups
Caribbean Utilities Company's latest round of $80.0M is above the median round in Energy. Medians cover the last 24 months of disclosed rounds.
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Caribbean Utilities Company Funding FAQs
What does Caribbean Utilities Company do?
In May 1966, Caribbean Utilities Company, Ltd., also known as "CUC," launched operations as Grand Cayman's sole public electric company. Grand Cayman is the largest of the three Cayman Islands. The Company has gone through many difficult and thrilling times, but for more than 50 years, it has kept up with Grand Cayman's rapid development. We are now regarded as one of the Caribbean's most trustworthy and effective power providers.
How much funding has Caribbean Utilities Company raised?
Caribbean Utilities Company has raised $80.0M across 1 round on record. The most recent is an undisclosed round of $80.0M announced in Nov 2022.
When did Caribbean Utilities Company last raise funding?
Caribbean Utilities Company's most recent funding round on record is an undisclosed round of $80.0M, announced in Nov 2022.
Who is the CEO of Caribbean Utilities Company?
Richard Hew is listed as CEO at Caribbean Utilities Company.
Where is Caribbean Utilities Company headquartered?
Caribbean Utilities Company is based in George Town, Midland, Cayman Islands.
How many employees does Caribbean Utilities Company have?
Caribbean Utilities Company is in the 251-500 employee band.
How does Caribbean Utilities Company's funding compare to other Energy startups?
Caribbean Utilities Company's latest round of $80.0M is above the $15M median round size for Energy companies on FundedIQ across 2,284 tracked companies over the last two years.
About FundedIQ's Caribbean Utilities Company Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Caribbean Utilities Company is left off this page rather than filled in.
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