Utilities Aruba NV (UA) was established in 1990 with its sole shareholder being the Government of Aruba. Utilities Aruba NV is the holding company for Water Energiebedrijf Aruba NV (WEB Aruba NV) who is responsible for the island’s power generation and water production, and also NV Electriciteit-Maatschappij Aruba (NV ELMAR) who is responsible for the island’s energy distribution and commercialization. WEB Aruba NV and NV ELMAR were incorporated as separate companies into Utilities Aruba NV, a holding company with the Government of Aruba as the sole shareholder.