June 24, 2013
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WITH PowerSecure now in full control of the operations of the Bahamas Electricity Corporation, sweeping changes have been implemented at the executive level with former BEC General Manager Kevin Basden now assuming a new role as consultant/advisor to Bahamas Power & Light (BPL), The Tribune understands.
A $250 million bond to refinance the Bahamas Electricity Corporation (BEC) has been postponed to avoid “handicapping” the energy sector reform process, Tribune Business can reveal.
THE Bahamian electricity grid’s stability is key to incorporating renewable power sources into this nation’s energy mix, the Bahamas Electricity Corporation’s (BEC) general manager has told Tribune Business.