By NEIL HARTNELL

Tribune Business
Editor

THE BAHAMAS ELECTRICITY CORPORATION (BEC) remains close to sealing a Memorandum of Understanding (MoU) with a private sector renewable energy supplier, its chairman confirming that "a document in its final form" was exchanged between the two parties on Friday.

While the arrangement had not been sealed, Michael Moss told Tribune Business: "We will be exchanging a document in its final form today [Friday]. Once both parties agree to the contents, we will be able to release further details. I'm hoping that will be imminently."

Meanwhile, Mr Moss confirmed that the extra costs BEC was likely to incur as a result of Hurricane ...

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