Walter Roban statement
House: Roban’s warning over Ascendant sale
The Ascendant Group sale must be approved under ministerial directions, home affairs minister Walter Roban said today.
Mr Roban told the House of Assembly the Regulatory Authority must give consent to the licence transfer of the utility group, which is the subject of a takeover bid from Algonquin Power&Utility Corporation of Canada.
He continued: “If the RA approves a licence transfer without adhering to ministerial directions, the only remedy to the Government is to appeal to the Supreme Court. “
Mr Roban added that the Government would ensure that any sale would promote “economic efficiency and sustainability” in order to reduce reliance on fossil fuel, increase the use of renewables and make electricity more affordable.
• To read Walter Roban’s statement in full, click on the PDF under “Related Media”
Scores of work permits denied since pandemic
1st Earl of the silver screen
Luxury Riddell’s Bay development backed
Tropical Depression 5 approaches island
Bermuda free of Covid-19 infections
House: MPs speak out on health merger
No need to quarantine when travelling to UK
Mixed emotions as airport reopens
Jury selection rule called unfair
Woman accused of $75,000 blackmail scheme
Cousins charged over RBR checkpoint crash
Burch’s warning to corporations
Restaurateur adopts wait-and-see approach
Take Our Poll