Statement from CoopEnergy Barbados to Co-op Collegues
Dear Co-op Colleagues,
On behalf of the Board of Directors, Supervisory Committee, and all officials of CoopEnergy Barbados, we wish you a prosperous and happy 2026 and above all else, God’s blessings.
Just days into this new year, we have seen enough to indicate that 2026 will be no regular year. Indeed our region has now become one of the global hotspots of international conflict and disruption. All indications are that we will face additional challenges, even beyond those that we had projected based on past trends.
It is important to note that in times of such difficulty and chaos, perhaps the most critical response that can be adopted – besides seeking the blessings and protection of the Most High, is the security of community togetherness, sharing, and co-operation – such as is characterized by the Co-operative Movement. CoopEnergy is fully committed to providing this kind of security for our membership and we will do all that is within our power to be available to our wider community in this regard.
The year 2025 has been a busy and interesting year for us, with a number of ups and downs which we have shared in previous communications. As we commence this new year, we are happy to provide an additional update on a number of the key projects which we have undertaken so far, and to give you an idea of what we have planned going forward.
Attached are fairly detailed updated status reports on:
- The BLPC rate application that was initiated in 2022, and which is currently (in 2026) still stalled in the High Courts, due to various legal maneuvers taken by key players. This is a particularly significant matter as it has implications for the cost of energy in Barbados – and hence the cost of everything else – and on national competitiveness. Please pay appropriate attention to this.
- Our public statement on the matter of the divestment of the sugar industry holdings of BAMC to sugar workers and to CoopEnergy is also attached for your information, as well as some new developments since our last member update in October 2025.
In addition:
- Coop Cable Inc. has been progressing impressively and is now fully available on the domestic market throughout the region. As you know we initially focused on marketing to the business sector, with significant success. So far we have also had good reviews from our domestic customers as well. A full detailed prospectus for direct member investment in Coop Cable is currently being finalized and will be available soon.
- This year, we intend to continue to pursue these key projects vigorously, and in particular to offer attractive investment opportunities with Coop Cable as we expand these services throughout the region. We also continue to be open to partnership arrangements such as we already have established with Koop Electric;and as we are actively discussing with a major retail company at present.
- Any questions, comments and suggestions from members on these or any other areas of interest to them are always welcomed, and we will be happy to share our plans, thoughts and experiences as appropriate.
May your 2026 be one of satisfaction, accomplishments, and especially one of cooperative sharing and togetherness.
We look forward to working with you to achieve this goal.
See Documents
Secret License for BL&P
Public Statement from CoopEnergy Barbados
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