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Trinidad Generation Unlimited
Phone: (868) 665-9740p:868 665-9740 501342  Trinidad and Tobago Fax: (868) 665-9729f:868 665-9729

Business Summary
Trinidad Generation Unlimited ("TGU") is a government-owned entity that operates a 720 megawatt (MW) combined-cycle power plant in Trinidad & Tobago. The power plant consists of six General Electric 7EA gas turbines and two SC5 steam turbines. The Company benefits from a power purchase agreement ("PPA") with the Trinidad and Tobago Electricity Commission ("T&TEC") until 2041, in which fixed capacity payments (representing around 99% of total revenue) are paid if the plant reaches a 93% availability in normal years and 91% availability in major maintenance years, which are scheduled every six years. Additionally, under the PPA contract, T&TEC is obligated to supply and deliver gas, significantly reducing fuel supply risk to TGU, given that if supply is disrupted, TGU will continue to receive capacity payments.

Scores and Ratings
FRISK®
Score
Z''
Score
PAYCE®
Score
DBT
Index
Moody's
Rating
Fitch
Rating
DBRS
Rating
YesYes-----

Financials, News and Filings
Latest
Statement
Last
Audit

News
SEC
Filings
Bankruptcy
Filings
Suit &
Judgment
Filings
Tax
Lien
Filings
12/31/201912/31/2019Yes----

Industries
SIC Code Description
4911 Electric services

General Information
Fax Number: (868) 665-9729


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Thursday, February 25, 2021