(CMR) Home Gas, Cayman's oldest operating and first energy provider in the country, is under new ownership. As of September 1st, Foster Group Holdings took ownership of the propane provider from the company's original owners, Bodden Holdings.
Starting with just two cylinders of gas and four propane stoves, Captain Theo Bodden began the journey to opening Home Gas in 1957 as a way to ensure his customers, then heavily reliant on kerosene, would have an affordable, reliable source of energy. Now, sixty-five years later, Home Gas operates a large-capacity propane facility and provides sustainable energy solutions to all three islands.
“We could never find a better Caymanian family to take over Home Gas. They’re in business, they understand business, they contribute greatly to the Islands. To our customers, you will be in no better hands,” said Maxine Bodden, Director of Bodden Holdings.
“The transfer of ownership from one generational Caymanian family to another has been, from day one, built on trust and honor. We're grateful to the Boddens for entrusting us with their father's legacy, and we're looking forward to continuing to offer the same great service and commitment to the community that Home Gas has provided over the years,” said Foster Group Director Lee Foster.
“Captain Theo's vision was for Home Gas to benefit the Islands. He knew it was a gas that was green and worked to keep prices down as much as possible,” said Maxine Bodden.
She assured that Home Gas would continue to focus on safety and quality, and customers can expect the same great level of customer service and service offerings they've grown to trust since day one.
Propane gas, an affordable, energy-efficient fuel, burns clean and is considered green as it is eco-friendly before and after its combustion.
“I'm looking forward to the transition from the Boddens to the Fosters. We get to stay with another great Caymanian family,” said General Manager John Corallo.
“I'm looking forward to the future. I believe we're going to bring some new energy and direction to Home Gas through innovation, and I'm excited to continue to support Cayman's communities,” he added.
In honor of those who have helped build Home Gas into the reliable and safe energy provider that it is today, both the Grand Cayman and Cayman Brac marine terminals will be renamed. The Grand Cayman plant will now be known as the Captain Theo Bodden Marine Terminal and the Cayman Brac plant as the Lawford Tatum Marine Terminal.