FOCOL Holdings Limited (FOCOL) is a publicly traded company that distributes petroleum products and provides clean, affordable, and reliable energy solutions in The Bahamas, through its subsidiary, Bahamas Utilities Company (BUC).  

Dexter Adderley, FOCOL’s president says, “At FOCOL, we are committed to providing energy solutions that are beneficial to our country. This is evident in the relationships we foster with local stakeholders to deliver power generation through Bahamas Utilities Company.”  Bahamas Utilities operates two highly efficient power generation plants that are expected to produce millions of dollars in cost savings annually to Bahamas Power & Light (BPL) and by extension, to its consumers.

We are aware of information circulating on social media and comments made on a talk show that misrepresents Sun Oil Limited, another subsidiary company of FOCOL, and its relationship with BPL. Mr. Adderley explains, “For certainty, neither Sun Oil nor any other FOCOL subsidiary supplies diesel or heavy fuel oil (HFO) to BPL’s power plants and we have no knowledge of, or affiliation with the entity in the document in circulation.  We would like the public to understand that Sun Oil’s agreement with BPL only provides for the transportation of fuel to BPL’s Family Island sites, which BPL procures directly through their arrangement with their fuel supplier, currently, Shell North Americas. He reiterated, “Simply put, we do not supply fuel to BPL’s power plants as suggested in the media.”