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Saturday, March 20, 2010 10:44 PM

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GB Power investor

in deal to help BEC

By NEIL HARTNELL

Tribune Business Editor

The Government yesterday confirmed that a major shareholder in Grand Bahama Power Company will conduct a 60-day review of the Bahamas Electricity Corporation (BEC) starting next month, with the aim of implementing recommendations to set the state-owned utility back on a more secure financial footing.

Dr Earl Deveaux, minister of the environment, confirmed Tribune Business's suspicions that Canadian power giant Emera, which holds a 25 per cent equity ...Read More

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MOre Business Stories

Finance concerns over water plant

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By CHESTER ROBARDS Business Reporter crobards@tribunemedia.net A GRAND Bahama-based development has sold 90 per cent of its inventory, it was revealed yesterday, with the majority of purchas ... Read More

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By NEIL HARTNELL Tribune Business Editor THE Bahamian hotel industry is targeting "small baby steps" of 2-3 per cent monthly improvements in business levels to carry it back towards pre-recess ... Read More

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