4 Million Shares of Hydro Belize Limited For Sale

The government will officially launch the sale of shares in Hydro Belize Limited on December 18, opening the door for Belizeans to invest in one of the country’s most critical energy assets. 

The company owns and operates three hydroelectric dams that supply roughly one-third of the country’s annual electricity.

Together, the plants generate 51 megawatts and brought in roughly BZ$50 million in revenue last year. The government bought the facilities from Canada’s Fortis Inc. on October 31 and is now offering four million shares, or half the company, at BZ$29 per share.

At the time of acquisition, Prime Minister John Briceño pledged “a divestment program so that Belizean individuals and investors have the opportunity to own shares in Hydro Belize,” as written in the press release.

The share offer will remain open until January 20, 2026. Application forms will be available online through the Hydro Belize website or at major branches of Atlantic Bank Limited.

Subscribers have until February 4 to complete payment. The sale is regulated under the Securities Industry Act of 2021, which requires full disclosure of financial performance, risks, and future projections.

The government expects the Social Security Board, which represents 190,000 Belizean workers and pensioners, to be a major investor. Prime Minister Briceño will report to the House of Representatives once the sale concludes.

If all four million shares are sold, the government expects to raise BZ$116 million.