John H. Bair's questions to Consolidated Water Co Ltd (CWCO) leadership • Q2 2025
Question
John H. Bair from Ascend Wealth Advisors, LLC asked for details on the nuclear business, including whether it was domestic or international, if it involved new builds or retrofits, and its applicability to the SMR market. He also inquired about future CapEx needs and the payment status of receivables from The Bahamas.
Answer
CEO Frederick McTaggart clarified that their nuclear business involves fabricating equipment for domestic customers, though some end-products go overseas. The work is primarily for existing facilities but could apply to the emerging SMR market. He stated that future capital expenditures will be concentrated on the Cayman utility to meet growth. Both McTaggart and CFO David Sasnett confirmed that they are seeing progress on collecting receivables from The Bahamas, with an increase in payments since the end of the quarter.