Belize Electricity definition

Belize Electricity means Belize Electricity Limited;
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Belize Electricity means Belize Electricity Limited. “BMGS” means the Black Mountain Generating Station. “BMO” means BMO Nesbitt Burns Inc.
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Belize Electricity means Belize Electricity Limited; “BEPC” means Brilliant Expansion Power Corporation; “BEWU” means Belize Energy Workers Union;
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Examples of Belize Electricity in a sentence

  • On June 20, 2011, the GOB enacted legislation leading to the expropriation of the Corporation’s investment in Belize Electricity.

  • Consequent to the deprivation of control over the operations of the utility, the Corporation discontinued the consolidation method of accounting for Belize Electricity, as of June 20, 2011, and classified the book value, including foreign exchange impacts, of the expropriated investment as a long-term other asset on the consolidated balance sheet.

  • In October 2011 Fortis commenced an action in the Belize Supreme Court with respect to challenging the constitutionality of the expropriation of the Corporation’s investment in Belize Electricity.

  • Effective June 20, 2011, the Government of Belize (“GOB”) expropriated the Corporation’s investment in Belize Electricity.

  • Fortis held an approximate 70% controlling ownership interest in Belize Electricity up to June 20, 2011.

  • All of the output of these facilities is sold to Belize Electricity under 50-year power purchase agreements expiring in 2055 and 2060.

  • The significant inter-segment transactions primarily related to the sale of energy from Fortis Generation to Belize Electricity and FortisOntario, electricity sales from Newfoundland Power to Fortis Properties and finance charges on inter-segment borrowings.

  • The significant related party inter-segment transactions primarily related to: (i) the sale of energy from Fortis Generation to Belize Electricity, up to June 20, 2011; (ii) electricity sales from Newfoundland Power to Fortis Properties; and (iii) finance charges on related party borrowings.

  • As of June 20, 2011, the Government of Belize (“GOB”) expropriated the Corporation’s investment in Belize Electricity.

  • The Corporation is exposed to credit risk associated with the amount and timing of fair value compensation that Fortis is entitled to receive from the Government of Belize (“GOB”) as a result of the expropriation of the Corporation’s investment in Belize Electricity by the GOB on June 20, 2011.

Related to Belize Electricity

  • Electricity means Active Energy and Reactive Energy.

  • Electricity Laws means the Electricity Act, 2003 and the relevant rules, notifications, and amendments issued there under and all other Laws in effect from time to time and applicable to the development, financing, construction, ownership, operation or maintenance or regulation of electric generating companies and Utilities in India, the rules, regulations and amendments issued by CERC/ MERC from time to time.

  • Electricity supplier means any person, including aggregators, market aggregators, brokers, and marketers, offering to sell electricity to retail customers in the state of Montana.

  • Rechargeable Electrical Energy Storage System (REESS) means the rechargeable energy storage system that provides electric energy for electrical propulsion.

  • Electricity Services means the services associated with the provision of electricity to a person, including the exchange of electric energy, making financial arrangements to manage financial risk associated with the pool price, Distribution Access Service, system access service, ancillary services, billing, metering, performing load settlement and any other services specified in regulations made under the Act;

  • Electricity Supply Code means the Electricity Supply Code specified under section 50;

  • Transportation network company means a company or organization facilitating and/or providing transportation services using a computer or digital application or platform to connect or match passengers with drivers for compensation or a fee.

  • Master electrician means a person having the necessary qualifications, training, experience, and technical knowledge to plan, lay out, and supervise the installation and repair of electrical wiring apparatus, and equipment for electric light, heat, and power in accordance with the standard rules and regulations governing such work.

  • Dekatherm (dt) shall mean on million British Thermal Units and is synonymous to the term MMBTU.

  • Transport Gas means the gas purchased by a Customer from a supplier other than KUB that Customer has arranged to have Delivered to KUB for delivery to the Customer by KUB.

  • Industrial maintenance coating means a high performance architectural coating, including primers, sealers, undercoaters, intermediate coats, and topcoats formulated for application to substrates, including floors, exposed to one or more of the following extreme environmental conditions listed below and labeled “For industrial use only;” “For professional use only;” “Not for residential use;” or “Not intended for residential use.”

  • cogeneration means the simultaneous generation in one process of thermal energy and electrical or mechanical energy;

  • Geothermal energy means energy contained in heat that continuously flows outward from the earth that is used as the sole source of energy to produce electricity.

  • Transportation network company rider or “rider” means an

  • Fuel means any solid, liquid or gaseous combustible material;

  • Electrical Fitter means an employee who is mainly employed in the workshops manufacturing, fitting, and repairing electrical instruments, machines, and apparatus. Electrical fitting in this definition shall include armature and transformer winding, and people solely engaged in making and repairing instruments. The legitimate possession of a certificate of competency in this particular class of work issued by the Electrical Licensing Board under the Electricity Act 1994 shall be recognised as proof of efficiency.

  • Gas means natural gas, manufactured gas, synthetic natural gas, liquefied petroleum gas or propane-air gas, or a mixture of any of them, but does not include a liquefied petroleum gas that is distributed by means other than a pipeline;

  • electricity undertaking means any person engaged in the generation,transmission, distribution or supply of electricity including any holder of a licence or authorisation or a person who has been granted a permit under Section 37 of the Principal Act and any person transferring electricity to or from Ireland across an interconnector or who has made an application for use of an interconnector which has not been refused;

  • Industrial Emissions Directive means DIRECTIVE 2010/75/EU OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of 24 November 2010 on industrial emissions

  • Electricity Charges means service charges in respect of the provision of electricity.

  • Supply Pipe means any part of a service pipe which a water undertaker could not be, or have been required to lay under section 46 of the Water Industry Act 1991; and

  • Transportation network company driver or “driver” means an

  • Electrical protection barrier means the part providing protection against any direct contact to the high voltage live parts.

  • Transportation Service means a service for moving people and goods, such as intercity bus service and passenger rail service.

  • Taximeter means any device for calculating the fare to be charged in respect of any journey in a hackney carriage or private hire vehicle by reference to the distance travelled or time elapsed since the start of the journey, or a combination of both; and

  • Electrical Distance means, for a Generation Capacity Resource geographically located outside the metered boundaries of the PJM Region, the measure of distance, based on impedance and in accordance with the PJM Manuals, from the Generation Capacity Resource to the PJM Region.