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Government offers $29 shares in Hydro Belize Limited
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1 Articles
Government offers $29 shares in Hydro Belize Limited
By Aaron Humes: The Government of Belize is launching a share sale offer for Hydro Belize Limited, formerly Fortis Belize Limited, starting tomorrow, Thursday, December 18. The company owns three hydroelectric power plants – Mollejon, Chalillo, and Vaca – which provide approximately a third of Belize’s annual power supply. The government is offering 4 million shares, representing 50 percent of the company’s outstanding shares, at BZ$29 per share…
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