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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.
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.”

 

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