February 20, 2019
BPL chairman Donovan Moxey.
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Bahamas Power & Light’s (BPL) chairman yesterday confirmed that local institutional investors will be able to participate in the utility’s upcoming mammoth $650m bond refinancing.
This summer, customers of Bahamas Power and Light have yet again endured frustrating periods of load-shedding as generation capacity has failed to meet demand for electricity. Prime Minister, Dr Hubert Minnis, was correct – this was a crisis for families who could not cook meals, small business owners who could not complete transactions, and every Bahamian who had their daily life disrupted by these periods without power.
BAHAMAS Power & Light’s (BPL) chairman has blamed the “genesis” of the utility’s present predicament on the first Christie administration’s decision to cut its base tariff rate.
Bahamas Power & Light’s (BPL) chairman yesterday said the four Family Islands targeted to pioneer solar energy’s roll-out were selected because of their “additional generation needs”.
AMID consumer complaints of rocketing Bahamas Power and Light bills in the aftermath of load shedding and an island wide outage, BPL Chairman Donovan Moxey is urging consumers to look at subtle changes in their behaviour while at home.
BAHAMAS Power and Light chairman Donovan Moxey has blamed this month’s adverse weather conditions for the power provider’s inability to receive rental generators earlier, which rendered it unable to fulfil electricity demands over the weekend when two of its units went offline.
Bahamas Power & Light’s (BPL) Board will meet today to discuss the timeline for rolling-out utility-scale renewable generation across the Family Islands as it targets “two for the price of one”.
Bahamas Power & Light’s (BPL) chairman yesterday admitted some vendors had suffered payment delays because they had “fallen through the cracks” with its new procurement system.
BAHAMAS Power and Light chairman Donovan Moxey says there should be no issues in the coming summer months when consumers will use more electricity.