Our Company

NEL provides local investors with the opportunity to access the energy markets via the Trinidad and Tobago Stock Exchange.

About NEL

The National Enterprises Limited (NEL) was formed to consolidate the Government of Trinidad & Tobago’s shares in specific state enterprises and to facilitate public offerings on Trinidad & Tobago’s Stock Exchange. NEL has been mandated to help enable a wide cross-section of T&T nationals to invest in the country’s crown jewels – those profitable state enterprises that fuel this country’s economy.

Since its incorporation on August 27, 1999; NEL has provided nationals with investment opportunities in Trinidad & Tobago’s most valuable industries. These include natural gas and energy-based manufacturing, power generation, telecommunications, and the marketing and manufacturing of basic foods. NEL’s current market capitalisation is over TT$2 Billion - approximately TT$2.07B as at June 14, 2023. Throughout the years, over 5,000 shareholders have earned consistent returns in the form of dividends and stock appreciation their NEL shares. Since 2017, $894M in dividends have been paid out to shareholders.

Our Holdings

NEL provides local investors with the opportunity to access the energy markets on the stock exchange.

Here are some highlights

2001 - 9^th February – NEL’s Initial Public Offering (IPO) raised $200M.

2002 - 20^th September – an additional Public Offering (APO) raised $250M.

2014 - NEL jointly acquired 10% of Phoenix Park Gas Processors Limited (PPGPL), through a joint venture with NIB and UTC.

10% of Powergen was acquired through wholly owned subsidiary NEL Power Holdings Ltd.

NEL’s current market capitalisation stands at approximately TT$2.07B.

NEL’s top 3 Shareholders:
- GORTT via Corporation Sole – 66%
- NGC – 16.67%
- NIB – 4.17%

2017 - $894M Dividends paid out since 2017

Keep in mind that investing involves risk. The value of your investment will fluctuate over time, and you may gain or lose money.

Vision

To contribute to the sustainable development of the economy of Trinidad and Tobago through a balanced, focused and proactive investment approach geared towards the preservation and enhancement of our Shareholder’s value.

Mission

To provide investors with income and capital growth through a diversified and sustainable portfolio, and to broaden national participation in capital markets. NEL will be the premier investment holding company for the Government of the Republic of Trinidad and Tobago.

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