Elton Georges appointed local Managing Director of Seven Seas Water (BVI)
Florida based Seven Seas Water Corporation, a division of AquaVenture Holdings, recently purchased the Biwater operations in the Virgin Islands.
Virgin Islands News Online sought to get confirmation from Mr Frederick Hung of Seven Seas Water via email but has not yet received a response.
However, Mr Georges when contacted said he was informed by Seven Seas Water that this news site was seeking information on his reported appointment but was not prepared to give a response until Seven Seas Water had replied to us.
Virgin Islands News Online was first to break the news on August 5, 2015 that Biwater (BVI) was acquired by an international company.
It was on February 18, 2010 that the then government of former Premier Honourable Ralph T. O’Neal OBE signed a 16-year water purchase agreement with Biwater, which was opposed by the current National Democratic Party Government (NDP) who favoured Ocean Conversion, another foreign company with local shareholders.
According to information obtained from our traditional sources within the ruling NDP regime, the Cabinet of Premier Dr The Honourable D. Orlando Smith via a Cabinet information paper approved the acquisition some months ago after months of negotiations among Biwater, Seven Seas Water and Government.
According to the terms of the deal, Seven Seas Water Corporation will own and operate the facility over the remaining fifteen year contract term with the Government of the Virgin Islands. The purchase price paid by Seven Seas Water was not immediately known as calls to Lauren Thomas, Director of Marketing for Seven Seas Water Corporation, were not returned.
It also remains unclear if any local investors are part of the Seven Seas Water Corporation’s purchase of Biwater, as this was one of the reasons the NDP Administration, along with the BVI Investment Club, opposed the Biwater project. They had decried the lack of local investors.
Mr Elton Georges CMG, OBE
Mr Georges was appointed Chairman of the Complaints Commission in February 2009 and was the first to hold the post. Mrs Sheila N. Brathwaite took up the post as Complaints Commissioner on July 1, 2015 after Mr Georges proceeded on retirement leave.
During his tenure as Complaints Commissioner, Mr Georges was known as a man to actively handle matters reaching his office and was never afraid to challenge persons deemed in violation of employees rights, including those holding public office.
Mr Georges also served two stints as Deputy Governor of the Virgin Islands, from 1983-2003 and April 1, 2007- September 15, 2008.
Seven Seas Water
Seven Seas Water provides total water management solutions for municipal and industrial clients. They operate plants in the United States of America and in the United States Virgin Islands, both in St Croix and St Thomas for the VI Water and Power Authority. They also have plants in Trinidad and Turks and Caicos Islands.
The corporation was actually established in the US Virgin Islands in 1996.
Today Seven Seas Water has established itself as an industry leader throughout the Americas and the Greater Caribbean market with nearly 20 plants operating in several countries, delivering over 20 million gallons of water per day. The Company, according to its website, is poised for even greater international growth as opportunities lead to the Middle East.
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25 Responses to “Elton Georges appointed local Managing Director of Seven Seas Water (BVI)”
Imagine we saying there is not work in the BVI!! Guess for some, not for others!
It is so funny how these bloggers behave. On another thread they are crying and pleading for a local to be appointed to head RVIPF. Here a local is chosen by an outside company to be an executive in their operations and we still have a problem. Do we really give a sh*t about locals or we only use those buzzwords when it comes to something we want? Stop being so !"£$% selfish because if they brought in an outside white man you would ask if they couldn't find at least one local to make up their board. The world is watching, stop being so $%^&** stupid.