The recent decision by Fortis to withdraw from Belize has ignited widespread speculation about the future of hydroelectric power in the country. Many are questioning whether the move is linked to challenges posed by climate change, such as prolonged droughts, which could be undermining the viability of hydro power. Prime Minister John Briceño addressed these concerns, clarifying that Fortis’ exit is part of a broader strategic shift by the company rather than a reflection of environmental or operational issues. According to Briceño, Fortis has been divesting its production assets globally, focusing instead on distribution and transmission. The company’s initial investment outside Canada was in Belize, followed by operations in Turks and Caicos, both of which have since been sold. Briceño emphasized that Belize’s energy sector remains a secure investment and highlighted the importance of increasing local ownership in critical energy assets. Currently, 78% of Belize’s energy is controlled by foreign entities, with 50% managed by Mexico’s CFE and a third by Fortis Belize. The Prime Minister reiterated the government’s commitment to ensuring Belizeans gain greater control over their energy resources, marking a pivotal step toward national energy independence.