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.”