UIL Finance Limited

UIL Finance Limited primarily operates as an investment firm. Its core activity is to finance its zero-dividend preference share liabilities through the provision of current asset capital to its parent company, UIL Limited. Formerly known as Utilico Finance Limited, the company rebranded as UIL Finance Limited in November 2015. Founded in 2007 and headquartered in Hamilton, Bermuda, it is a direct subsidiary of UIL Limited.