Posts Tagged ‘#BahamasNews’

Sawgrass LNG & Power Celebrates Eight Years of LNG Supply to The Bahamas

MIAMI , Dec. 17, 2025 /PRNewswire-HISPANIC PR WIRE/ — Sawgrass LNG & Power celebrated eight years of liquefied natural gas (LNG) exports to The Commonwealth of The Bahamas this month, marking a significant milestone in U.S.–Bahamian energy cooperation. Since the inaugural export of LNG to The Bahamas on December 13, 2017, Sawgrass has completed thousands of safe and reliable deliveries to customers ranging from industrial users to power generators across multiple islands.

Sawgrass LNG & Power

LNG has been provided to The Bahamas through Sawgrass’ wholly owned subsidiary, American LNG Marketing LLC, the only company to have ever delivered LNG from the United States to The Bahamas. American LNG Marketing made history in 2016 as the first exporter of LNG from the continental United States to a non–Free Trade Agreement country, beginning with deliveries to Barbados. This historic achievement marked a new chapter in American energy engagement in the region and was followed one year later by the first LNG shipment to The Bahamas.

“We are proud to celebrate eight years of partnership with the Bahamian Government and our customers throughout The Bahamas,” said Daniel McLaughlin, President & Chief Commercial Officer of Sawgrass LNG & Power. “This long-standing collaboration reflects our shared commitment to energy reliability, cleaner fuels, and regional resilience. It also showcases the critical role that U.S. natural gas can play in supporting our Caribbean neighbors.”

Sawgrass has helped industrial users and commercial operators transition away from liquid fuels, reducing emissions, improving efficiency, and strengthening energy security in one of the world’s most logistically complex island environments. The partnership continues to serve as a model of cooperation focused on clean, reliable, and modern energy.

“As countries across the region prioritize cleaner power generation and more secure supply chains, we are proud to support those goals with American-produced LNG,” McLaughlin added. “We are excited to expand our relationship with The Bahamas as the Government advances additional LNG-fueled power generation and continues building a more resilient, lower-emission energy future.”

Sawgrass LNG & Power remains committed to advancing modern energy infrastructure throughout the Caribbean and continuing to supply clean, dependable U.S. natural gas to meet the region’s evolving needs.

About Sawgrass LNG & Power

Sawgrass LNG & Power is a leading provider of LNG supply and gas-to-power solutions, serving a diverse range of customers in the Southeastern U.S. and the Caribbean. Headquartered in Miami, Florida, the company operates a state-of-the-art LNG facility and provides turnkey LNG supply, logistics, and gas-to-power solutions for utilities, industrial users and commercial operators.

About American LNG Marketing LLC

American LNG Marketing LLC, a wholly owned subsidiary of Sawgrass LNG & Power, holds long-term authorizations from the U.S. Department of Energy (DOE) to export LNG to countries with and without U.S. Free Trade Agreements.

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17 Dec 2025

by caribpr

energy

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FreedomPay Enables Transformative Hospitality Payment Technology in The Bahamas

CARIBPR WIRE, PHILADELPHIA, Sept. 02, 2025: FreedomPay, the global leader in Next Level Commerce™ technologies, announces the expansion of its world-class payment solution to The Bahamas, a premier destination in the global tourism market.

As the only agnostic payment gateway and global payment orchestration platform, FreedomPay enables seamless, fully integrated payments for hotel chains and resorts around the world. FreedomPay’s industry-leading, pre-integrated network of global hospitality partners delivers exceptional, consumer-focused experiences across every payment scenario.

Already the global leader in the Hospitality industry, serving over 70% of the top hotels in North America, thousands more internationally, and some of the largest global restaurant brands, the expansion into The Bahamas signifies a new milestone in FreedomPay’s commitment to drive digital commerce transformation worldwide.

In a crowded field of hospitality payment technology solutions, FreedomPay stands apart with:

  • An open and agnostic platform offering choice of acquirers, processors, hardware and payment technology partners.
  • 1,000+ Integration partners including leading POS, PMS, hardware, kiosk, web and mobile providers.
  • Unified commerce technology seamlessly connecting back-end systems with guest-facing channels.
  • Advanced functionality powering loyalty, data insights, estate management, card services and more.

“FreedomPay is the preferred partner of choice for many of the leading hotel brands around the world, and we’re thrilled to extend our best-in-class Hospitality solution to the hotels, resorts, and restaurant operators of The Bahamas,” said Chris Kronenthal, President of FreedomPay.

FreedomPay is the only provider offering streamlined payment orchestration tailored to the top names in Hospitality systems. With access to a robust library of over 1,000 integrations, hotel & resort operators can choose the ideal solution to fit their needs. This approach optimizes various selling scenarios while delivering a unified payments technology platform that is simple to implement, manage, and monitor.

ABOUT FREEDOMPAY

FreedomPay is the global leader in Next Level Commerce™—transforming the way businesses power payments and experiences across the world. More than a payment solution, FreedomPay is a world-class independent payment gateway engineered to simplify complexity, break down the barriers of legacy systems, and revolutionize every point of interaction—whether in-store, online, or mobile. Chosen by the leading brands across retail, hospitality, sports and entertainment, food service, healthcare and higher education, FreedomPay delivers technology strength, integration breadth, and deep expertise in global payments innovation.

As one of the first solutions in North America validated by the PCI Security Standards Council for P2PE, FreedomPay sets the gold standard for payment security, trust, and performance. With a unified technology stack, lightning-fast APIs, and integrated solutions across payments, FreedomPay gives businesses total peace of mind plus the freedom to choose any hardware provider. Move faster, act smarter, and lead markets—not chase them. www.freedompay.com

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2 Sep 2025

by caribpr

Banking/Financial Services

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PopPay Platform Expands To Government-Backed Digital Currency

For First Time Ever, Consumers Can Use Their Face To Make Purchases With A Central Bank Digital Currency

PASADENA, Calif. and NASSAU, The Bahamas, May 19, 2022 /PRNewswire-HISPANIC PR WIRE/ — PopID and SunCash announced today that for the first time in history, consumers can now use the PopPay face verification platform to purchase goods and services with a central bank digital currency (CBDC) – digital money issued and backed by a government. Bahamian consumers can now link their SunCash account to PopPay to enable face pay transactions using their Sand Dollars. They can then spend the digital currency at a network of SunCash merchants using just their face for authentication. Various local and global brands are or will be accepting digital Sand Dollars authenticated by PopPay through the SunCash platform.

“PopPay’s cutting edge technology provides a more consumer-friendly, seamless, and secure experience for SunCash’s users,” said Desmond Pyfrom, CEO of SunCash.  The existing apps for transacting in digital Sand Dollar generally require consumers’ use of smart phones, QR codes, or various other codes to complete a transaction at the point of sale. “With the integration of the PopPay platform into the SunCash App, Bahamian consumers can now quickly, efficiently, and safely use the digital Sand Dollar to purchase food and other products even if the consumer does not have a functional smart phone or an internet connection,” said Pyfrom, as is the case for thousands of Bahamians.1

The world is quickly moving towards central bank digital currencies—accelerated by the Covid-19 pandemic and the growth of cryptocurrencies. As of 2022, fourteen countries have launched CBDCs, or are in advanced pilots, and approximately 90 countries, accounting for over ninety percent of global GDP, are considering issuing CBDCs, according to the Atlantic Council.

The Bahamas was the first country to launch a CBDC when it deployed the Sand Dollar nationwide in October 2020. As part of that program, a limited number of supervised financial institutions were authorized to sponsor a mobile payment wallet for the digital dollar of the Bahamas. SunCash was one of the supervised financial institutions approved by the Central Bank of The Bahamas.

“The PopPay platform is designed to allow consumers to link any payment method to their face, including credit cards, debit cards, direct bank transfers, stablecoins, and CBDCs,” said John Miller, CEO of PopID and Chairman of its holding company, Cali Group.  “With governments around the world increasingly implementing CBDCs to replace physical cash, PopPay serves the critical policy objective of ensuring that all people can transact with the currency.”

“We applaud SunCash for its deployment of this solution that allows Bahamians to transact in Sand Dollar using only their face,” said John Rolle, Governor of the Central Bank of The Bahamas. “Such security features are important to increasing personal comfort around the use of digital payments and advancing the Central Bank’s goal of increasing financial inclusion among all segments of our society.”

A face pay option is an important feature for any country with the goal of increasing financial inclusion with the adoption of a CBDC, as those that are unbanked, under-banked, or without smartphones or reliable internet tend to be the most vulnerable parts of society.

Keith Russell of AD+ECH GLOBAL facilitated the partnership between PopID and SunCash.

About PopID
PopID provides a comprehensive platform, PopPay, for revolutionizing digital interactions and payments using facial verification. PopPay gives consumers the option of identifying themselves in the most natural way possible – with their face – for ordering and payment – enabling more personalized, secure, and streamlined experiences. To learn more about PopPay, visit www.popid.com

About SunCash
SunCash is the largest digital payments, mobile money, and e-commerce service provider in The Bahamas. SunCash’s proprietary technology provides financial solutions to all segments of society, including the banked, underbanked, and un-banked Bahamians, as well as non-resident populations in The Bahamas. SunCash has over 55,000 active wallet customers, accounting for approximately 1/7th of the total population of The Bahamas, and more than 1,000 merchants who accept SunCash payment solutions. Customers can also access SunCash services online, through the SunCash App, at local stores, or from more than 100 kiosk locations throughout The Bahamas. SunCash is licensed by both the Central Bank and Securities Commission of The Bahamas. To learn more about SunCash, visit www.mysuncash.com

1 Simon Kemp, “Digital 2022: The Bahamas” (Kepios 2022), https://datareportal.com/reports/digital-2022-bahamas.

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19 May 2022

by caribpr

Banking/Financial Services

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Moore Bahamas Foundation Fulfills $1 Million Dorian Relief Pledge

Louis Bacon’s foundation completes its million-dollar pledge for Hurricane Dorian relief, environmental and humanitarian needs in The Bahamas

NASSAU, The Bahamas, Dec. 21, 2020 /PRNewswire-HISPANIC PR WIRE/ — The Moore Bahamas Foundation (”Moore Bahamas”) today announced its fourth and final $300,000 grant for Hurricane Dorian relief and recovery. Today’s announcement brings Moore Bahamas’ total contributions to $1 million, and completes its pledge on behalf of conservation philanthropist Louis Bacon to support hurricane recovery.

Louis Bacon

Initially focused on emergency aid and community rebuilding in some of the hardest hit areas of The Bahamas, Moore Bahamas’ Hurricane Dorian recovery grants quickly expanded to meet essential needs exacerbated by the onset of COVID-19. This final round of Dorian donations builds on Moore Bahamas’ mission to support sustainability by fostering environmental restoration and promoting economic diversification. In addition to ongoing food aid in Grand Bahama, the grants focus on building back better for the Bahamas’ people and ecology.

Moore Bahamas has also joined with local partners such as inner-city community service organization, Lend A Hand Bahamas, to conduct job-skills training in New Providence. Training is aimed at diversifying student skill sets for jobs outside of today’s heavily impacted tourism market.

“Tourism always will be foundational to The Bahamas’ economy, but both Dorian and the coronavirus pandemic have made it clear that a resilient economic future depends on the next generation of Bahamians being ready to captain new industries less reliant on foreign visitors,” said Lucas Metropulus, Chair of Lend a Hand. “The generous support from Moore Bahamas launches an enterprising program to upskill talented young people in topics ranging from web and graphic design to aquaponic farming to call-center etiquette.”

In an effort to bolster environmental resilience against future storms, and working with partners such as the Bahamas National Trust, Friends of the Environment, and local bone fishing guides, the Bonefish & Tarpon Trust (BTT) will replant mangrove forests on both Grand Bahama and Abaco. Hurricane Dorian destroyed nearly 74% of mangrove cover on Grand Bahama and 40% on Abaco.

Other programs will work to build long-term island resilience with a focus on renewable energy and sustainable food systems. In partnership with the Bahamian government, the Rocky Mountain Institute seeks to advance plans to create a solar-powered “green-grid” at East End Grand Bahama. ADRA Bahamas will provide aquaponic farming equipment to several Grand Bahama farmers whose equipment was lost to Dorian, as well as kits and training for at-home farming and community greenhouses to more than 700 households. SPB Bahamas, focused on ongoing household rebuilding, received a challenge grant to solarize a piece of critical infrastructure on the island.

“Working with the people of The Bahamas this year has underscored their incredible resilience in the face of Hurricane Dorian and now a global pandemic,” said Mr. Bacon, chairman of The Moore Charitable Foundation and Moore Bahamas, its local affiliate. “The humanity and passion of our local organizational partners is inspiring. We are proud to support their efforts to lessen the compounding economic stresses of this year and remain committed to driving growth and recovery in the Bahamas.”

Additional Dorian relief grant recipients included the Bain Grant’s Town Advancement Association, Friends of the Environment (Abaco), the Government’s Grand Bahama Food Task Force, the Grand Bahama Rotary Disaster Relief Committee, Ranfurly Homes for Children, and Waterkeeper Bahamas. A complete list of the Hurricane Dorian Relief and Rebuilding grants made by Moore Bahamas as part of the $1 million pledge is available here.

About The Moore Bahamas Foundation
The Moore Bahamas Foundation, the Bahamas affiliate of The Moore Charitable Foundation, founded by Louis Bacon in 1992, supports organizations committed to marine conservation, working with partners including Waterkeepers Bahamas; The Cape Eleuthera Institute; The Nature Conservancy Caribbean Program – Bahamas; The Bahamas National Trust, and Oceans 5.  Learn more about the Moore Charitable Foundation at www.moorecharitable.org.

Follow: @MooreCharitable

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21 Dec 2020

by caribpr

Not for profit

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Moore Bahamas Foundation Announces $300,000 in Grants for Hurricane Dorian Relief

New grants are part of conservation philanthropist Louis Bacon’s million-dollar commitment to humanitarian relief and environmental and economic recovery in The Bahamas

NASSAU, Bahamas, Dec. 18, 2019 /PRNewswire-HISPANIC PR WIRE/ — The Moore Bahamas Foundation (”Moore Bahamas”) today announced $300,000 in new grants for Hurricane Dorian relief and recovery, part of $1 million in support pledged by conservation philanthropist Louis Bacon.

The new grants follow Moore Bahamas’ funding for emergency aid immediately after the hurricane and a post-hurricane needs assessment. The grants will help address continuing emergency needs and accelerate recovery of The Bahamas’ spectacular ecosystems and its economy.

“In the wake of Dorian’s destruction, our goal is to support families as they reconstruct the best possible future for themselves and their communities,” said Mr. Bacon, chairman of The Moore Charitable Foundation and Moore Bahamas, its local affiliate. “By supporting environmental restoration and humanitarian relief alike, Moore Bahamas hopes to help the people of Grand Bahama and Abaco get their lives and their economy back on track.”

Moore Bahamas is supporting organizations that are deploying recovery resources over the next year, including a partnership with the Bahamas National Trust (BNT) to conduct ecosystem damage assessments for the maritime and mangrove habitats of Grand Bahama and Abaco.

“The post-storm assessments funded by the Moore Bahamas Foundation will guide how and where to make the most impactful habitat restoration investments,” said Shelley Cant-Woodside, BNT’s Director of Science. “In addition to fueling The Bahamas’ tourism economy, healthy ecosystems play a crucial role in buffering our communities against the effects of future storms.”

A list of grantees is below. A complete list of the 2019 grants made by Moore Bahamas is available here.

Bahamas National Trust (BNT)

Bahamas Reef Environmental Education Foundation (BREEF)

Friends of the Environment in Abaco (Friends)

GiveDirectly

Grand Bahama Disaster Relief Foundation (GBDRF)

International Medical Corps (IMC)

Paradise Fund

Ranfurly Home for Children

Waterkeepers Bahamas

Waves For Water (W4W)

About The Moore Bahamas Foundation
The Moore Bahamas Foundation, the Bahamas affiliate of The Moore Charitable Foundation, founded by Louis Bacon in 1992, supports organizations committed to marine conservation, working with partners including Waterkeepers Bahamas; The Cape Eleuthera Institute; The Nature Conservancy Caribbean Program - Bahamas; The Bahamas National Trust, and Oceans 5.  Learn more about the Moore Charitable Foundation at www.moorecharitable.org.

Follow: @MooreCharitable

Moore Bahamas Foundation

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18 Dec 2019

by caribpr

Not for profit

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Save the Bays: Fashion Designer Peter Nygard Sentenced to Prison in The Bahamas

Canadian businessman ordered to pay US $150,000 for contempt of court in case involving stolen emails

NASSAU, Bahamas, Nov. 19, 2019 /PRNewswire-HISPANIC PR WIRE/ — The Bahamas Supreme Court sentenced Canadian fashion designer Peter Nygard to 90 days in prison and fined him US$150,000 for contempt of court in a long-running legal dispute centered around an environmental group’s stolen emails.

The pilfered emails belonged to Save the Bays (STB), a non-profit environmental group that has fought Nygard over illegal dredging and development activities at his waterfront home in the Bahamas since 2013. Those activities have destroyed marine life and habitat in Clifton Bay, an area whose natural beauty was made famous in the James Bond movie “Thunderball.”

In 2016, STB’s emails were stolen and read aloud in Parliament. In a landmark decision, a Bahamian judge ruled that two members of parliament had violated the constitutional rights of STB and its members and order that the emails remain private.

In October, Nygard was found to have breached the injunction. Nygard has not appeared for numerous hearings in the court case, and he did not show up at Friday’s hearing, where he was ordered by Justice Ruth M.L. Bowe-Darville to make a full written apology, explain his absence, and promise in writing within seven days to stop using the e-mails.

“For decades, Peter Nygard has behaved as if he was above the law in The Bahamas,” said attorney Fred Smith, a STB director whose emails were among those read in Parliament. “He has been convicted of contempt of court on four separate occasions by the Supreme Court of The Bahamas. His repeated disrespect for the administration of justice has finally caught up with him. I hope he is man enough to come back to The Bahamas he says he loves so much to serve his time and pay the $150,000 fine.”

Under Friday’s ruling, Nygard will have to pay a $5,000 fine for every day that he does not comply with the court’s orders. The $150,000 fine must be paid by November 22 or he will be sentenced to an additional 30 days in prison and an additional $5,000 for every day the fine remains unpaid.

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19 Nov 2019

by caribpr

Fashion

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