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11:40 pm, Sep 17, 2025
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Virgin Islanders Invited to Unlock Wealth-Building Strategies at the Villa Wealth Lab

Virgin Islands News

The Wealth Collective, founded by visionary Kyle Sexius, invites the community to participate in “The Villa Wealth Lab,” a one-day mastermind and mixer designed to equip Virgin Islanders with the tools, strategies, and connections needed to turn ideas into income.

This event, scheduled for Saturday, Sept. 6, blends luxury, learning, and launching into an immersive wealth-building experience. “The inspiration came from the same reason I started The Wealth Collective. Too many times, in the Virgin Islands, people feel isolated in their goals. I wanted to create a collective that goes beyond just one event, where people can connect, collaborate, and grow together,” Sexius said.

Attendees of the event will have opportunities to engage with entrepreneurs, executives, and innovators through panel discussions, networking, and one-on-one training. The topics span essential areas of modern wealth building, including structuring and growing a business, marketing and branding techniques, writing winning sponsorships and grant proposals, monetizing social media content, using credit for business and real estate, and building wealth through life insurance.

It was important to Sexius that the theme of Luxury, Learning, and Launching be one that was chosen with intention. “Luxury is about changing the environment; we tend to learn better in inspiring spaces. Learning is about the financial literacy tools we plan to share and launching is about action, helping people to take the next step in their journey,” Sexius said.

With the cost of living rising and limited job opportunities in the territory, Sexius views financial literacy as an important step in building prosperity for Virgin Islanders. “We are at a turning point. The old ways just aren’t working. When you have a community of people learning and growing together, it shifts the culture,” says Sexius.

Tickets range from $50 for virtual access, $75 for General Admission, $100 for VIP and $350 for an all-inclusive bundle, with food included for ALL in-person attendees. The event begins at noon

For more information and to reserve tickets, click here.

“We are building a culture of connection, accountability, and growth. The impact I want is generational, with families breaking cycles, community creating wealth, and young people seeing that dreams are possible right here at home,” Sexius said.

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After Long Night of Outages, WAPA Brings Unit Back Online to Stabilize Power

Power was out for much of St. Thomas early to mid-Wednesday, stretching from about 1 a.m. until nearly 10 a.m. for customers on several feeders, the latest in a string of blackouts tied to limited generation capacity at the Randolph Harley Power Plant.
With power restored by noon, Virgin Islands Water and Power Authority CEO Karl Knight said there was finally some better news: a long-dormant generating unit had been repaired and returned to service, adding 20 megawatts of capacity and giving WAPA what he described as “more than adequate generation” to meet demand.
Knight explained that the recent outages stem from a design flaw in Phase II of the Wartsila power units. The four engines, each rated at nine megawatts, are linked by shared systems. When a compressed air line failed last week, one unit tripped and automatically shut down the others. “They function individually, but there are common systems that tie them together, and in this case one failure took out all four,” Knight said. “That’s something we are now working with Wärtsilä to correct, so they operate completely independent of each other.”
The loss of those units left the utility scrambling to keep up with demand and forced rotational outages across St. Thomas-St. John, that began Sept. 11, when WAPA issued a series of alerts warning that feeders 7B, 8A, 8B, 9C, 6A and others would be cycled off until additional generation came online. Wednesday, WAPA confirmed that Unit 27, one of the older Harley plant generators that had been offline for months due to deferred maintenance, was restored after a rebuild of its fuel pumps and other key components.
“Unit 27 isn’t one of the ones slated for retirement, and getting it back was critical,” Knight said in a call with the Source. “It strengthens our base. With all available units except Unit 23 now online, we have more than adequate capacity.” He added that customers should expect more stability beginning Wednesday evening, though he cautioned that reliability also depends on the success of ongoing maintenance and system upgrades.
WAPA has maintained that the outages in recent weeks were necessary to keep the grid stable, especially during peak hours.
Knight, after a briefing with his team Wednesday, said progress is being made. “We’ve been running really thin on generation, but with this repair, we are in a much better position than we were last week,” he said.

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