Roban in talks with energy investors
The home affairs minister has held discussions with potential investors in renewable energy projects.
Walter Roban met top staff from reinsurance firm Legal & General Re to “discuss investment opportunities that could help Bermuda achieve future renewable energy goals”.
The meeting on Tuesday included Thomas Olunloyo, the CEO of Bermudian-based Legal & General Re, and Laura Mason, the London-based CEO of Legal & General Retirement, Institutional.
Mr Roban said: “I am pleased to have met with Mr Olunloyo and Ms Mason to discuss the best path of investment and partnership between this ministry and Legal & General regarding renewable energy projects.
“L&G has a breadth of experience in the renewables sector having invested over $1 billion worldwide in renewable energy companies and technology, and we look forward to exploring what can be done in Bermuda.”
The minister said the partnership was in line with sustainability programmes such as the solar technology rebate programme, the LED Exchange initiative, the solar photovoltaic installation at the “Finger” at the airport, and work with green energy experts from the Rocky Mountain Institute.
Mr Roban added: “The time to embrace new approaches towards achieving more energy independence while creating jobs and greater equity in the community is now.”
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