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NASSAU , THE BAHAMAS – The controversy over the government’s energy deal with Pike Corporation is lighting up once again. Meanwhile the prime minister insists the information is public, but the opposition contends key details remain hidden.
Our Delvardo Emmanuel reports.
Philip Davis – Prime Minister
“They’re all laid in Parliament. And if he, if they wish, they can just go through them and ask any question of wish about what has been agreed. They, it’s, it’s laid in Parliament. So this question about not knowing that they don’t know because they, they are lazy and want to be spoon fed. “
Prime Minister Philip Davis Tuesday evening, fired back at criticism that details of the government’s energy reform agreement with Pike Corporation have not been fully disclosed.
The prime minister maintains the information has been tabled in Parliament and is available to the public.
By Wednesday morning, Opposition Leader Michael Pintard pushed back, saying the prime minister’s claims are not true.
Michael Pintard – Leader, Free National Movement
“ It’s not true. What, what he, what he has said. We know that, that the transmission and distribution deal has not been put on the table. We’ve not seen a deal that he has entered into around generation as well. So no, the most substantive portions of what he, um, what he has, has considered the centerpiece of his energy reform.”
In 2024, the Davis administration announced plans to enter into a 25 year agreement with U.S. based company, Pike. This will be done through its Bahamian subsidiary, island grid solutions to oversee the upgrade and management of the transmission and distribution network.
It’s a deal Pintard says he and his party have long called to see the details of.
Michael Pintard – Leader, Free National Movement
“ This is a government that like dealing with darkness and in the dark, they ought to tell us exactly what are the terms of their agreement and, and what they’re doing with the energy deal is the same thing they’re doing with many of the public private partnerships.
If elected, Pintard says the first thing his administration will do is release the details of that agreement and restructure so that Bahamians could benefit.
Michael Pintard – Leader, Free National Movement
“ The sovereign that is the government of The Bahamas should always maintain a stake in these arrangements. And the money should not go into the consolidated fund. It should go, it should be put in, in, in a special purpose vehicle, and we call it the sovereign wealth fund. Put it in the sovereign wealth fund. The second thing is Bahamians should be able to buy shares, “