Consolidated Water subsidiary receives new 25-year license with lower water rates

Consolidated Water Co. Ltd.

OfReg approved a new 25-year license for Cayman Water Co. effective August 1, 2026, ending years of negotiation.
Base rates set at CI$16.23/1,000 gal for first 3,000 gal (residential) and CI$19.90/1,000 gal (commercial).
Pro forma estimate: revenues would have been ~$2.1M lower for 2024, $1.9M lower for 2025, and $0.6M lower for Q1 2026 vs. prior rates.
The license includes an annual rate cap adjustment mechanism, energy cost pass-through, and exclusivity within the Licence Area.
License does not auto-renew; Cayman Water may apply for renewal 24-36 months before expiration.

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