The Minister of Home Affairs on the Sale of Ascendant Group Limited

Today, Minister of Home Affairs, The Hon. Walter Roban commented;

“I note the announcement around the sale of Ascendant Group Limited today. There are considerable steps before this is finalized.  I am confident that once an application is made to the Regulatory Authority  there will be a robust review, to determine that  Algonquin Power and Utilities Corporation has a strategy that is in line with the IRP and this Governments commitment to drive down energy costs for the Bermuda public and ensure a more affordable and sustainable energy future for the island.”