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flag Belize’s Senate debates a $256M loan to buy hydro dams from Fortis, sparking conflict-of-interest concerns and debate over public vs. private gains.

flag On October 20, 2025, a heated debate in Belize’s Senate centered on the Electricity Amendments Bill, which proposes a $256 million loan to buy three hydro dams from Fortis Inc. and its stake in Belize Electricity Limited. flag UDP Senator Courtenay revealed his law firm had represented Fortis in a prior transaction, urging the government leader to recuse himself over a conflict of interest, though the leader denied personal bias. flag Proponents say the move ensures long-term energy control, eliminates price hikes, and keeps profits in the country, while critics warn of a cycle of selling and repurchasing assets and question whether public funds may be used for private gain.

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