Minister of Works and Utilities Alfred Sears revealed yesterday that a forensic investigation into the construction of Station A at Bahamas Power and Light’s (BPL) Clifton Pier Power Station has being undertaken, and will be released to the public when it is completed. “There has been a forensic investigation and in due course that investigation
There are a number of negotiations occurring at higher levels with companies that may be able to provide this country with energy produced via liquefied natural gas (LNG), Bahamas Power and Light’s (BPL) Chief Executive Officer Shevonn Cambridge said on Tuesday, after being asked if negotiations with Shell Energy North America were still ongoing. The former Free
In the next month or two, Bahamas Power and Light (BPL) will release a request for proposals to have an entity begin a tariff study that could lead to an increased base rate for electricity consumption, but the inevitable decrease in electricity costs as the company converts to burning liquefied natural gas and implements more renewable
Minister of Works and Utilities Alfred Sears said yesterday the Water and Sewerage Corporation (WSC) will commission two solar installations in Abaco next month. Sears said the installations are for WSC’s Marsh Harbour pumping station and Marsh Harbour wells on the island. “It will be reducing the consumption of fossil fuel and reducing the demand on BPL (Bahamas Power
Bahamas Power and Light (BPL) Chief Executive Officer Shevonn Cambridge said yesterday he doesn’t anticipate the power company raising capital in international financial markets in the near to medium term. BPL’s former board and executives planned a rate reduction bond (RRB) to raise $535 million on international markets in early 2020, however the COVID-19 pandemic derailed