Electrical energy is widely purchased, metered and fed into the national grid from independent power producers.
[1] Any possible termination of the Mirant (now Genon) stake was seen as an opportunity to simplify the structure and relationship between the T&TEC and PowerGen companies.
(owned by the Japanese multinational - Marubeni) which has a 39% shareholding and parastatal NEL Power Holdings Limited which has a 10% ownership.
Powergen operates three major power generation plants which are located at Point Lisas, Port of Spain and Penal.
The 720-megawatt (MW) TGU facility is the largest combined-cycle power generation plant in the Caribbean and currently supplies approximately 50% of Trinidad & Tobago's electrical energy.