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BPL Has Over $500 Million in Debt

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Minister of Energy and Transport the Hon. JoBeth Coleby-Davis said the Bahamas Power and Light Company (BPL) has over $500 million in debt.

“Yes, that’s right over half-a-billion dollars and counting. It owes banks, it owes the government and its employee’s pensions are underfunded by $120 million. You heard me! The employees’ pension is underfunded by $120 million. Big change is needed!”

Minister Coleby-Davis was making her Contribution to the 2023-2024 Mid-Year Budget Debate in the House of Assembly on Wednesday, March 6, 2024.

She explained that BPL operates 29 power stations on 17 Islands, and over the next five years BPL will need an investment of over $500 million to upgrade its infrastructure:

$300 million in new generation in New Providence and the Family Islands,

$130 million in transmission and distribution in New Providence in the next two years alone,

$35 million in advanced metering infrastructure, and

$70 million in other costs.

The Minister said, “Today to fix BPL, we need over $500 million to address its debts and over $500 million to upgrade and improve our aged and deteriorated infrastructure.”

Plan to Lower Cost, increase reliability and use cleaner sources of energy

The Energy Minister explained that the Government’s plan has four components, each of which is necessary to finally deliver to Bahamians what they deserve: lower prices, increased reliability, and cleaner sources of energy.

She said the components are:

Incorporate solar as a blended source of energy in the Family Islands with a view to replacing 100MW of generation infrastructure. The Ministry received 29 proposals in response to its Request for Proposal (RFP), and is presently evaluating those proposals and intends to notify the successful bidders by the end of March.

Incorporate solar as a source of 60-100MW of power generation in New Providence. The Ministry issued the RFP and the deadline for submitting proposals is March 28, 2024.

Replace and upgrade much of the Transmission and Distribution System in New Providence to improve reliability and reduce cost.

Ensure New Providence has 340 MW of power to meet demand now, and be in a better position to meet forecast growth in coming years.  This requires replacing aged or obsolete generation, purchasing considerable additional new generation, and introducing LNG, liquid natural gas, to increase efficiency of the generating environmental impacts.

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Minister Moxey says Grand Bahama is “on the move!”

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By ANDREW COAKLEY

Bahamas Information Services



FREEPORT, Grand Bahama, The Bahamas — Minister for Grand Bahama, the Hon. Ginger Moxey says Grand Bahama is finally on the move, “the environment is shifting, investor confidence continues to grow; buildings are going up and, in some instances, coming down; events are happening; properties are selling, apartments are rented, and homes being purchased, and Grand Bahamians are returning home!”

Minister Moxey was the guest speaker at the 2024 Freeport Business Expo, which was held at Grand Lucayan Resort on Thursday, May 2, 2024.

The event attracted several local small and medium sized businesses with booths to present their products and services.  The event was held in conjunction with the Ministry of Tourism, the Ministry for Grand Bahama, the Grand Bahama Port Authority, and other partners.

The Grand Bahama Minister noted that her government is focused on all opportunities for the growth and development of Grand Bahama.  “My ministry continues to partner with the Ministry of Tourism, Investments and Aviation to promote Grand Bahama Island to the world for tourism and other developments,” said Minister Moxey. “We are in constant dialogue with the cruise lines, the airlines, the tour operators, and other investors and developers, to ensure that the $2B currently in progress, is expedited.

“Tourism is on the move; Grand Bahama is on the move. It is happening, and we want our people to be prepared for it, so much that the Government of The Bahamas — a collaboration between the Ministry for Grand Bahama and the Ministry of Tourism, Investments, and Aviation – has already held two Entrepreneurial Expos for the year. One in West Grand Bahama and the other in Freeport.”

Minister Moxey is convinced that this is the “turn-around” season for the Second City, pointing out that one could feel the change in the air.  As such, she said the atmosphere is conducive for collaboration between innovative thinkers, who recognize the potential of Grand Bahama.

In addition to the previous business expos held across the island, last year, the Ministry for Grand Bahama launched the “Empower Grand Bahama Micro-Business Grant Programme” to encourage new and existing entrepreneurs to create immersive experiences, services, and authentic products, all uniquely Bahamian and attractive to visitors.

During that time 149 micro-grants were awarded to Tour & Experience Providers, Creatives/Artisans, and Authentic Food & Beverage Providers. Relief grants were also extended to Straw and Farmer’s Market Vendors, and to Junkanoo groups to help them rebuild after Hurricane Dorian.  “And my ministry continues to work closely with the Ministry of Tourism, Investments, and Aviation to promote Grand Bahama as a tourism and investment destination to overseas markets,” said Minister Moxey.

“On the ground, we have cleaned and restored the Bahama Arts & Craft Center and the surrounding property, heritage and cultural sites from east to west through the ‘Beautiful Grand Bahama’ Program, and supported cultural festivals like Pelican Point Coconut Festival, McLean’s Town Conch Cracking, Goombay Summer, and others so that visitors and residents can enjoy events celebrating our Bahamian heritage.”

Minister Moxey revealed the staging of a future expo, called the Grand Expo, set to take place on July 5th, leading up to the country’s Independence.  The Expo will be hosted by the Collab Unit of the Ministry of Grand Bahama, under the theme “Well coming home!” It will feature government agencies, like the Tourism Development Corporation, Bahamas Development Bank, Bahamas Mortgage Corporation, Small Business Development Center, as well as GBPA, DEVCO, Invest Grand Bahama, organizations involved in major developments on the island, real estate companies, land developers, and other organizations to allow individuals to see the vast opportunities.

The initiative is designed to become a catalyst to cause Grand Bahamians to return home. Minister Moxey noted that with a population decline to 47,000 and a capacity to easily service over 250,000 people, it’s time for residents to return home to Grand Bahama.

“There has never been a better time,” she added. “So, this is a clarion call… if it’s been over 20 years, or five years, after Dorian, or even one year… to you the Grand Bahama Diaspora, it’s time to come home!”

 

PHOTO CAPTIONS

Header: Minister for Grand Bahama, the Hon. Ginger Moxey, who was the guest speaker at the Freeport Business Expo 2024, said that Grand Bahama is on the move and that investor confidence continues to grow.  The Business Expo was held at the Grand Lucayan Resort on Thursday, May 2, 2024.

1st insert: Minister for Grand Bahama Ginger Moxey gets the feel of a new model ATV which was on display at the 2024 Freeport Business Expo on Thursday, May  2, 2024 at the Grand Lucayan Resort. President of the Grand Bahama Port Authority, Ian Rolle and other GBPA Executives look on.

2nd insert: President of the Grand Bahama Port Authority, Ian Rolle explains the concept of a new business recently launched in Freeport, during the 2024 Freeport Business Expo at the Grand Lucayan Resort on Thursday, May 2, 2024.

3rd insert: Minister for Grand Bahama Ginger Moxey is fascinated by the concept of one of the new proposed business ventures set to be implemented and opened in Freeport in the near future, during a tour of the businesses presented at the 2024 Freeport Business Expo at the Grand Lucayan Resort on Thursday, May 2, 2024.

4th insert: Glendia Sweeting, Manager of Quality Assurance and Special Projects of the Grand Bahama Port Authority (right) welcomes Minister for Grand Bahama, Ginger Moxey (left) through the display expo in the ballroom of Grand Lucayan Resort following the official opening of the 2024 Freeport Business Expo on Thursday, May 2, 2024.

 

(BIS photos by Lisa Davis) 

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Waterkeepers Bahamas Celebrates Certification of Three Cadets as Open-Water Scuba Divers: Empowering Youth for Marine Conservation

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#TheBahamas, May 9, 2024 – Waterkeepers Bahamas (WKB) proudly announces the certification of three outstanding cadets as open-water scuba divers. Azaria Louis, Kyle Quijano, and Tafari Fountain have completed an intensive training program, enhancing their marine conservation exploration capabilities and paving the way for future environmental leadership.

For the past decade, Waterkeepers Bahamas has collaborated with Grand Bahama Scuba to offer scuba certification to students as part of its Cadets Program. This partnership enriches the cadets’ experiences and equips them with essential skills to pursue marine conservation studies or careers.

The certification process encompassed theory classes and practical sessions in the swimming pool and inland waters at Ocean Reef Yacht Club. The cadets completed two open-water dives off the south shore of Grand Bahama, including one at Shark Junction, under the expert guidance of their instructors.

Azaria Louis said: “Becoming a certified scuba diver has been a dream of mine since joining the Waterkeepers Bahamas Cadets Program. This certification opens up a new world for me to explore and protect.”

Kyle Quijano said: “The experience of becoming a certified diver has been unforgettable. I can’t wait to use this skill to further my understanding of marine conservation and make a positive impact.”

Tafari Fountain said: “This experience has deepened my understanding of marine ecosystems and fueled my passion for conservation. I’m excited to continue exploring and protecting our oceans.”

“We believe this certification is an amazing, enriching, and unique opportunity for our cadets,” said Liyah Forbes, Waterkeepers Bahamas Cadets Program Facilitator. “It empowers them to immerse themselves in the marine environment, fostering a deeper connection and understanding of our oceans.”

Waterkeepers Bahamas extends heartfelt appreciation to Fred and Melinda Riger, instructors and proprietors of Grand Bahama Scuba, for their unwavering dedication to training the cadets. Over the years, the Rigers have trained twenty-one cadets alongside all five members of the Waterkeepers Bahamas staff.

Fred Riger of Grand Bahama Scuba said: “Myself, Melinda and the entire team are immensely proud of the commitment and enthusiasm demonstrated by the cadets throughout this certification process, and we are honoured to have played a role in their journey.” He continued, “This collaboration not only equips the next generation with essential skills but also instils a sense of responsibility towards protecting our precious marine environment. Along with Waterkeepers, we empower these students to explore the wonders beneath the waves and become stewards of our ocean’s health.”

Past cadets and the Rigers have been prominently featured in Waterkeepers Bahamas’ docuseries, “Faces of the Water,” which showcases diverse narratives surrounding people’s water experiences. Through this series, the remarkable stories of individuals deeply connected to the ocean are shared with audiences worldwide, highlighting the importance of marine conservation, the profound impact of initiatives like the Cadets Program, and the exceptional training provided by Grand Bahama Scuba.

Waterkeepers Bahamas encourages students interested in environmental leadership to explore its youth programs. For more information, please visit www.waterkeepersbahamas.com or email connect@waterkeepersbahamas.com.

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National Mangrove Project Flourishes as Grand Bahama Students Plant at Dover Sound and East Grand Bahama

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Freeport, Grand Bahama – May 9, 2023 – Showcasing their commitment and dedication, students from Sir Jack Hayward Senior High, Bishop Michael Eldon, and Lucaya International schools in Grand Bahama have planted hundreds of mangroves as part of the National Mangrove Project. Two plantings were held recently at Dover Sound and East Grand Bahama, two areas where mangrove forests were devastated during the passage of Hurricane Dorian in 2019.

The National Mangrove Project, a collaborative effort between Waterkeepers Bahamas (WKB), the Forestry Unit, and the 50th Independence Secretariat, continues to underscore the pivotal role of Bahamian students in conservation efforts. Students have embraced their roles as stewards of coastal ecosystems, actively participating in mangrove propagation and outplanting. Their involvement is a source of pride for the nation and a beacon of hope for the future of our coastal ecosystems.

Since its inception in October 2023, the project has been instrumental in empowering schools across The Bahamas to establish mangrove nurseries. Students diligently care for the red mangrove propagules until they are ready for outplanting, amplifying the project’s impact on coastal restoration and environmental education. In April 2024, six months after receiving their kits, Grand Bahama students significantly contributed, furthering the project’s mission.

Andurah Daxon, Waterkeepers Bahamas Programs Coordinator, praised the students’ unwavering dedication: “These students have shown remarkable commitment and dedication. Their efforts are a testament to the power of youth engagement in environmental conservation. Through hands-on activities like mangrove propagation and planting, they actively contribute to coastal restoration and develop a profound connection to their natural surroundings, paving the way for a more sustainable future.”

The outplanting events in Grand Bahama followed a successful initiative in March when four New Providence schools participated in planting mangroves at Adelaide Pond. Seven schools have completed the process, and eight schools on Andros, The Berry Islands, Bimini, Eleuthera and Exuma are currently growing their propagules for future outplanting.

Ni’kolaus Cartwright, Bishop Michael Eldon’s Student Nursery Manager, said: “Witnessing the growth and development of our mangrove propagules has been truly inspiring. Primary, junior, and senior high school students have poured their hearts and efforts into caring for these precious seedlings. It’s all a part of our commitment to being an eco-school and maintaining a sense of pride and responsibility for our environment.”

Follow Waterkeepers Bahamas on Facebook to stay updated on the progress of school nurseries and upcoming outplanting events. Join us in celebrating the National Mangrove Project’s success and the dedication of Bahamian students to safeguarding our precious coastal ecosystems. Your support and engagement are crucial to our mission.

Photo Captions:

Header:  Students receive instructions from Waterkeepers Bahamas Mangrove Nursery Coordinator Javan Hunt at Dover Sound.

1st insert:  Year 10 students from Lucaya International School share a laugh in the mud as they plant mangroves at Dover Sound.

2nd insert:  Jack Hayward Senior High students prepare to plant in East Grand Bahama with Waterkeepers Bahamas Program Coordinator Andurah Daxon.

3rd insert:  Bishop Michael Eldon Warriors feeling proud after planting mangroves at Dover Sound.

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