Power company fire likely to cause up to $150 million in losses
Posted On: Sep. 12, 2018 6:10 AM CSTPaul Maynard, president of Bahamas Electrical Workers Union, said that recent fires at the Bahamas Power and Light Co. Ltd. are likely to cause up to $150 million in losses, The Tribune reported.Mr. Maynard said that the fires damaged equipment, engines and infrastructure at the Clifton Pier Power Plant. The company is expected to file an insurance adjustment claim for one of the damaged engines at the plant, he added.