In a significant development for Belize’s economy, the Briceño administration’s acquisition of Fortis Belize’s hydro assets and a 33% stake in Belize Electricity Limited (BEL) for $110 million Belize dollars has opened new investment opportunities. The deal, finalized in October 2025, has sparked extensive discussions in both the House and Senate, focusing on environmental concerns and long-term energy security. Prime Minister John Briceño hinted during negotiations that local investors, including the Social Security Board (SSB), were keen to participate. SSB CEO Jerome Palma recently addressed the potential investment, emphasizing the need for thorough due diligence. Palma stated that while the opportunity is promising, the SSB must evaluate the costs, returns, and overall feasibility before committing Belizeans’ retirement savings to the energy sector. He also highlighted the importance of growing reserves and exploring other secure investment avenues, such as municipal bonds and development projects, to ensure consistent returns for the fund. As Belize’s economy expands, the SSB remains committed to identifying practical, secure, and profitable investment opportunities.