Trinidadian by birth, Mr. Hosein is no stranger to the energy and engineering fields. He brings to FortisTCI almost 25 years of expertise in Project Management, Business & Engineering Management, Engineering Design, Energy Efficiency and Utility Regulatory Reform. An engineer by trade and MBA graduate, he considers himself to be culturally diverse having worked throughout the Caribbean region in islands such as his homeland, Grand Cayman, Suriname, Belize and St. Lucia, among others.
A few of Mr. Hosein’s professional accomplishments include serving as Executive Director of the Caribbean Electric Utility Services Corporation (CARILEC) and Vice President, Engineering - Caribbean with GENIVAR Trinidad & Tobago Ltd,. Now while here in the TCI, the new VP will be responsible, in part for the efficient installation, operation and maintenance of production assets and electrical auxiliary equipment; the management of the company’s civil capital projects, fuel procurement and supplies, and general insurance programmes; as well as the provision of engineering services in support of the company’s production activities.
President and Chief Executive Officer of FortisTCI, Eddinton Powell, stated that “Nigel Hosein’s appointment is part of the Company’s ongoing leadership transition even as we strategically plan to meet the future electricity needs of the country and as we look for new, workable, and cheaper sources of energy for our customers. His track record of achievements and experience demonstrates his capabilities to successfully lead the energy production operations of FortisTCI.”
As the newest addition to the company’s executive management team, Mr. Hosein is enthusiastic about the task that lies ahead. He said “I am delighted to join the FortisTCI team. As an emerging country, the Turks and Caicos Islands will need greater investments in the energy sector to satisfy the growing demand for electricity. Of course as we make these investments we will be looking at reliable, least-cost, smart innovative technologies to ensure that the TCI remains attractive to its residents, tourists and investors.”
Mr. Hosein has a wife of 18 years, Mrs. Yolande Hosein, and together the couple has fraternal twins.
Notes to Editors:
1) FortisTCI Limited (FTCI) became a wholly owned subsidiary of Fortis Inc. located in Newfoundland, Canada in August 2006. Turks and Caicos Utility Limited (TCU), which is the sole provider of electricity on the Islands of Grand Turk and Salt Cay, was acquired by FTCI in August 2012. FTIC is the sole provider of electricity in Providenciales, North Caicos, Middle Caicos, East Caicos and adjacent Cays, and South Caicos. Together the two companies serve approximately 12,000 electricity customers in the Turks & Caicos Islands. The Utilities have an aggregate diesel-fired generating capacity of approximately 75 megawatts. Additional information on FortisTCI can be accessed at www.fortistci.com.
2) Fortis Inc. is the largest investor-owned gas and electric distribution utility in Canada. Its regulated utilities account for 90 per cent of total assets and serve more than 2.4 million customers across Canada and in New York State and the Caribbean. Fortis owns non-regulated hydroelectric generation assets in Canada, Belize and Upstate New York. The Corporation’s non-utility investments are comprised of hotels and commercial real estate in Canada and petroleum supply operations in the Mid-Atlantic Region of the United States. Fortis Inc. shares are listed on the Toronto Stock Exchange and trade under the symbol FTS. Additional information can be accessed at www.fortisinc.com or www.sedar.com.
VP, Customer & Corporate Services
Fortis TCI Ltd
Tel: 649-946-4313 Ext. 2507