Government tables borrowing resolutions totalling $280 million as it advances Grand Bahama Power acquisition plan

2026-03-24 - 08:21

NASSAU, BAHAMAS- The Government on Monday tabled two resolutions in the House of Assembly seeking parliamentary approval to guarantee borrowing totalling $280 million as it moves to acquire the Grand Bahama Power Company and strengthen the island’s energy infrastructure. The first resolution requests approval for a $200 million government-backed acquisition of all ordinary voting shares