By Aaron Humes: This morning, the Government of Belize announced it has reached an agreement with Fortis Inc. of Canada to purchase the company''s electricity sector assets in Belize.
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Fortis Belize operates three hydroelectric facilities, the Mollejon, Chalillo, and Vaca dams, on the Macal River and produces renewable energy that is sold to Belize Electricity Limited.
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Prime Minister John Briceño said that, with the approval of Cabinet, the Government will table legislation on Friday seeking parliamentary authorization for the acquisition of the three
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The three hydropower plants to be acquired, all located on the Macal River, are the 25-megawatt (MW) Mollejon Plant, the 7 MW Chalillo Plant and Reservoir, and the 19 MW Vaca Plant.
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This marks a pivotal moment for Belize as we move toward a more sustainable and resilient energy future. The project reinforces our shared commitment to providing Customers with cleaner, more
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Belize is advancing its transition to renewable energy with the signing of a major power purchase agreement between Belize Electricity Limited (BEL) and Blair Athol Power Company Limited.
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As we reported yesterday, the government has negotiated the acquisition of the Fortis-owned hydroelectric dams and shares, a move the Prime Minister described as a sound, strategic,
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Prime Minister John Briceño is set to announce in the House of Representatives on Friday, Octo, that his administration has reached a historic agreement with Fortis Inc. of
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