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The sale of Bermuda’s electrical grid to any buyer can only move forward with approval by Bermuda’s independent Regulatory Authority. For that reason, the recent offer from Algonquin Power & Utilities Corporation to pay $360 million to shareholders o...

The Corporation of Hamilton will have to cover the cost of moving power lines underground in the city, the Court of Appeal has ruled. The municipality launched legal action against Belco after the energy company said it would charge the corporation $...

A Government MP claimed Belco should be nationalised during a Parliamentary debate about allowing ministerial approval over the company’s sale. Derrick Burgess, the Deputy Speaker, suggested interest in the power provider could be increased increment...

A few months ago there was a gathering of Bermudians at an event recognising long-service employees — persons who had served one particular company for a range of between ten and 50 years. Yes, shockingly, there are people who have worked at a singul...

A dispute between Belco and the Corporation of Hamilton over who should pay to move power lines underground came before the Court of Appeal. The corporation argued that the energy firm had to cover the $26,000 cost to move Union Street power undergro...

Belco has stressed that it is prepared to burn whichever base load fuel the imminent Integrated Resource Plan requires for the island’s electricity supply — whether or not it is natural gas. The power utility made a statement in the wake of last week...

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 ...

Ascendant Group has accepted a takeover bid worth around $365 million from a Canadian utility group. Yesterday’s announcement of the intended sale to Algonquin Power & Utility Corporation marks the conclusion of a four-month evaluation of “strategic ...

Having benefited from the expertise and history that Bill Jewell’s letter to The Royal Gazette dated May 7 provided on the complex subject of the past and future of Bermuda’s electricity supply and the need for maximising use of renewables in our rap...

A very timely opinion written by Bill Jewell, a retired former senior engineering manager at Belco, appearing in the May 7 Royal Gazette clearly demonstrates in shocking clarity Belco’s disregard for even considering renewable energy alternatives in ...

Belco held an official launch ceremony for its new Battery Energy Storage System, which the company believes will cut fuel and maintenance costs by $2 million a year. The huge lithium batteries at the heart of the Bess provide Belco with reserve capa...

Crowds lined the streets of Hamilton to watch as a giant engine for the new Belco North Power Station was transported through the city. The 280-tonne machine inched its way to the construction site on the back of a remote-controlled transporter, whil...