ContourGlobal acquires generation company on the island of Bonaire

ContourGlobal announced today that it has acquired 100% of the shares of the company holding the wind and diesel power generation assets on the Dutch Caribbean island of Bonaire from the administrator of the company’s shareholder.

The assets are the sole power generation facilities on the island of Bonaire and integrate renewable and conventional energy production sources to provide reliable power to the island’s 16,500 inhabitants.

The Bonaire generation facilities, which integrate wind power, diesel generation and battery storage technology, provide all of the power needs of the island’s distribution company, Water en Energie Bedrijf Bonaire (WEB), under a long-term supply contract.