UIL Finance Limited

UIL Finance Limited functions as an investment firm primarily focused on providing financial support for its outstanding zero dividend preference share obligations. This is achieved by advancing its liquid assets as loans to its parent entity, UIL Limited. Established in 2007 and headquartered in Hamilton, Bermuda, the company updated its name to UIL Finance Limited in November 2015, having previously operated as Utilico Finance Limited. It is a subsidiary of UIL Limited.