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GBPC Statement on Union Contract Signing

October 3, 2013

The Grand Bahama Power Company is pleased to have successfully concluded contract negotiations with members of the Commonwealth Electrical Workers Union.

One of the guiding principles of our company is relationships built on mutual trust and respect.  The respectful and amiable way that these negotiations were conducted attest to the environment that we seek to foster here with our union partners.

We would like to commend the Union President Leslie Lightbourne, his executive team and membership of the union for taking a position that demonstrates an interest in what’s best for our customers and the positive growth of Grand Bahama Power Company.

We look forward to a continued productive relationship with the union as we work together to fulfill the goals and objectives for an improved GBPC.