News Release: HAMILTON, Bermuda – Bermuda Electric Light Company Limited (“BELCO” or the “Company”) announced the decommissioning of several old engines and exhaust stacks at its Serpentine Road plant.

A total of eight engines and five exhaust stacks were formally retired from service on November 30th.

Work to dismantle the engines and associated machinery is anticipated to begin next year, and they will be disposed of according to best practices and in an environmentally-friendly manner.

As of November 30th, only two of BELCO’s tall exhaust stacks will remain in use – the stack associated with the new North Power Station and one exhaust stack for the East Power Station.

After retirement of the engines, BELCO’s plant will include the four new engines in the North Power Station and the engines built in the later phases of the East Power Station that are still in use. As more large-scale renewable energy installations are added to BELCO’s energy mix in the coming years, the remaining engines in the East Power Station will also be retired.

BELCO President Dennis Pimentel said: “November 30th marked a milestone for the Company. Some of the retired engines had an incredible 50 years of service and had served Bermuda well. The retirement also marked a turning point for the Company, as we shift our focus now to renewable energy sources and work towards a sustainable energy future.”