Rate Reduction Bond Limited – Bahamas Power and Light Company

Page Menu

About Us

Section 5(1) of the Electricity Rate Reduction Bond Act 2019 establishes the special purpose vehicle Bahamas Rate Reduction Bond Limited (BRRBL) as a nonprofit company incorporated for the primary purpose of issuing rate reduction bonds under the Act and to carry out all other activities or actions, permitted, required or contemplated by the Act.

Section 6(1) of the Act provides for BRRBL to be governed by a Board of Directors comprising three persons appointed by the Minister.

FY2019/20 Board Members:

Geoffrey Andrews (Chairman)

Tanya Carey

Larry Wilson

Ratings Agency Reports

Nulla eu consectetur tortor. Sed a imperdiet turpis. Praesent eu felis consectetur, tincidunt sapien quis, porttitor tortor. Maecenas imperdiet nibh sit amet elementum euismod. Nullam ultricies sed ante eu scelerisque. Sed rhoncus ac lorem et hendrerit. Vivamus viverra diam malesuada sapien convallis rhoncus. Donec commodo ipsum lorem, sagittis rutrum nisl commodo eget.

Moody’s

Fitch

Kroll

Rate Plan and Potential Use of Proceeds

Nunc tristique ut dolor quis porttitor. Quisque tincidunt sit amet nisl id consequat. Pellentesque interdum, tortor ac lobortis tincidunt, neque tortor porttitor elit, vel tristique ipsum dolor in erat. Integer nibh nibh, vehicula vel semper quis, tincidunt nec eros. Vivamus varius fringilla purus porta luctus. Sed malesuada lorem vitae dapibus lobortis. Phasellus eros enim, fringilla at odio quis, lobortis molestie lacus. Mauris sit amet bibendum ex. Vivamus velit ligula, semper suscipit justo ac, condimentum dignissim mauris. Phasellus euismod eros maximus, rhoncus nulla sit amet, viverra sem. Donec molestie dictum dignissim. Integer pretium pretium posuere. Donec blandit posuere ex sodales ultrices. Nullam pharetra porta odio sed pharetra. Cras auctor dui orci, lobortis lobortis ipsum interdum rhoncus. Aenean imperdiet lorem ligula, nec egestas velit maximus at. View Rate Plan Here