The Antigua government has committed to acting as a guarantor for a substantial EC$168 million loan earmarked for bolstering the Antigua Public Utilities Authority (APUA).
This financial infusion is aimed at fortifying APUA’s distribution network and executing vital infrastructure upgrades, including the Fiber to Home initiative, re-piping projects, and sub-sea cable installations.
Prime Minister Gaston Browne initiated this move, initially approved by the Lower House in 2020. The local utilities company secured the loan through a consortium of banks, primarily led by ACB Caribbean.
