Castries

Carasco & Son Ltd., a longstanding name in Saint Lucia’s distribution and wholesale sector, is exploring the integration of clean energy following the completion of a CRAF-backed energy audit conducted by EcoCarib.

Delivered through the Credit Risk Abatement Facility’s Technical Assistance Programme, the audit identified opportunities to improve energy performance across the company’s commercial operations. Notably, the business could realize up to 30% in electricity savings, with an estimated XCD $40,000 in potential annual reductions.

The audit also explored the feasibility of solar PV integration, offering a route to long-term energy cost stability and alignment with regional sustainability goals.

Carasco & Son is now equipped with data and analysis that can support the next step of project development, with the option to approach participating financial institutions for RE/EE financing under CRAF’s de-risking framework.