Last mentioned: 6d ago
Massy Hub Expected Completion
The 190,000 sq-ft facility is scheduled to become operational after an 18-month construction period.
Gas-to-Energy Project Target
The earliest projected completion date for the US$1.9 billion GtE project, though delays are widely expected.
Massy Hub Groundbreaking
Massy Holdings holds a groundbreaking ceremony for its US$75 million automated warehouse in Houston, East Bank Demerara.
Power Ship Contract Extended
Guyana renews its contract with Karpowership International for two floating power vessels, with a minister warning of blackouts without them.
Investors in Massy Holdings — listed on Trinidad and Jamaica stock exchanges — must weigh a $75 million bet on an automated warehouse in a nation where industrial power costs $0.32/kWh and grid stability is uncertain. Project returns hinge on energy solutions that are not yet in place.
Supply chain professionals face a critical test as Massy builds a US$75 million automated warehouse in Guyana, where daily power ship rentals cost $235,000 to avert blackouts. The facility’s ASRS and 28 dispatch bays demand uninterrupted power, making energy reliability a top-tier logistics concern.
Proptech investors watch as Massy's 190,000 sq-ft automated warehouse breaks ground in Guyana, where a $0.32/kWh power rate and frequent blackouts could undermine the smart-building business case. The project’s reliance on ASRS and temperature control makes energy reliability a decisive factor.