February 20, 2019
BPL chairman Donovan Moxey.
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Bahamas Power & Light (BPL) has made “significant progress” in negotiations with Shell North America for the latter to supply New Providence’s baseload electricity needs, its chairman said yesterday.
Bahamas Power & Light (BPL) is racing to get its $535m refinancing “across the finishing line”, its chairman said yesterday, amid growing scepticism over whether the bond issue will actually happen.
Bahamas Power & Light’s (BPL) chairman yesterday voiced confidence that local investors will “fully subscribe” for the $85m portion of its upcoming bond issue that will be placed in this nation.
Bahamas Power & Light's (BPL) chairman yesterday pledged that it will be half-way towards its renewable energy targets by end-2025 as he hailed a 40 percent-plus drop in electricity outages.
BAHAMAS Power & Light Chairman Dr Donovan Moxey said yesterday that officials are working feverishly to close the power provider’s rate reduction bond by early next year.
Bahamas Power & Light's (BPL) chairman yesterday confirmed a key agreement with Shell for New Providence's new power plant has expired amid suggestions the Government may approach "other parties".
Bahamas Power & Light’s (BPL) chairman yesterday pledged he is focused on “getting the best possible deal” for its new power plant as its multinational partner called for “the timely closure” of negotiations.
BAHAMAS Power and Light chairman Donovan Moxey denied claims that some employees who took disengagement packages from the company remain employed with the same benefits and salary, however, he told The Tribune they were re-engaged on a contractual ba
Bahamas Power & Light’s (BPL) chairman yesterday admitted the utility has “lost the trust of most of our consumers”, while also conceding: “Our customer service is terrible.”
Bahamas Power and Light’s (BPL) chairman yesterday revealed that the extra charge consumers must pay come March 2020 will likely be equivalent to 15 percent of their electricity bills.Dr Donovan Moxey finally clarified that the National Utility Inves
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.