Nassau, Bahamas - Statement made by U.S. Chargé d’Affaires Lisa Johnson: 

The U.S. Embassy in The Bahamas applauds Deputy Prime Minister Davis’ announcement that the government has agreed to engage in final negotiations with U.S.-based PowerSecure on the content of an agreement to restructure and manage the Bahamas Electricity Corporation."

We are confident that PowerSecure’s proposal offers innovative management strategies that will provide the efficiency and cost-savings required to advance The Bahamas’ energy reform agenda and that PowerSecure’s dedication to emerging technologies will unlock additional opportunities for renewable energy in The Bahamas.