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12 Ascendant Staff Receive ILM Certification

12 Ascendant Staff Receive ILM Certification

Twelve members of the Ascendant Group Limited team have attained the Institute of Leadership & Management [ILM] Level 5 Certificate in Leadership and Management. “ILM is an independent charity that forms part of the City & Guilds Group. It is the UK’s largest management body and it aims to improve the standards of leadership and management... Read more of this article

Minister Brown: ‘This Will Not Be Tolerated’

Minister Brown: ‘This Will Not Be Tolerated’

[Updated] Circumstances surrounding the loss of three jobs at Ascendant Group have resulted in various allegations being made, and the Ministry of Home Affairs launching an investigation. Earlier this week, the Ascendant Group — which is the parent company of BELCO, Aircare, iFM, and iEPC – confirmed that three staff members were made redundant. The... Read more of this article

Three People Made Redundant At Ascendant

Three People Made Redundant At Ascendant

Ascendant Group — the parent company of BELCO, Aircare, iFM, and iEPC – have confirmed that three staff members have been made redundant. The company confirmed that the Marketing and Communications Department for the Ascendant Group was “outsourced which will result in substantial cost savings to the company.” Three staff and... Read more of this article

Ascendant’s August 2018 Share Repurchases

Ascendant’s August 2018 Share Repurchases

In a filing with the Bermuda Stock Exchange [BSX], Ascendant Group Limited advised that pursuant to its share repurchase programme, during the month of August 2018 the company repurchased 12,774 common shares at an average price of $16.30. The Company advised the repurchased shares have been reserved for issuance. Related StoriesAscendant’s... Read more of this article

Ascendant’s July 2018 Share Repurchases

Ascendant’s July 2018 Share Repurchases

In a filing with the Bermuda Stock Exchange [BSX], Ascendant Group Limited advised that pursuant to its share repurchase programme, during the month of July 2018 the company repurchased 9,540 common shares at an average price of $16.25. The Company advised the repurchased shares have been reserved for issuance. Related StoriesAscendant’s... Read more of this article

STEM Camp Students Demonstrate Projects

STEM Camp Students Demonstrate Projects

On Friday morning [July 27], the middle school students attending Ascendant Group’s annual STEM Camp had the opportunity to show their projects to the Minister of Education and Workforce Development Diallo Rabain.STEM Camp was initially launched in 2013 to provide middle school students who display proven aptitude and interest in Science, Technology,... Read more of this article

Ascendant Group Announces Six Month Results

Ascendant Group Announces Six Month Results

“BELCO and our non-utility businesses performed well in the first half of this year – evidence that our strategic plan is bearing fruit,” Ascendant Group President and CEO Sean Durfy said today as he announced the company’s results for the first half of 2018. Mr. Durfy said: “The Company’s performance reflects continued, solid... Read more of this article

Ascendant Group Hires Fifteen Summer Interns

Ascendant Group Hires Fifteen Summer Interns

Fifteen student interns are gaining valuable work experience this summer through Ascendant Group’s Summer Student Programme. The Interns are placed throughout the Group within a variety of departments at Ascendant, BELCO and Aircare. Anthony Bailey, Jordon Lindsay, Daniel Pinto, Charnae Richardson, Azra Smith and Taye Thompson are supporting Ascendant’s... Read more of this article

Ascendant STEM Camp Offered Free Of Charge

Ascendant STEM Camp Offered Free Of Charge

Ascendant Group has completed the first week of its annual STEM [Science, Technology, Engineering and Mathematics] Camp, which caters to middle school students looking to enhance their skills in STEM by developing challenging robotic projects, electronics and wearable technology. The Camp was initially launched in 2013 and provides an interactive experience... Read more of this article

Ascendant’s June 2018 Share Repurchases

Ascendant’s June 2018 Share Repurchases

In a filing with the Bermuda Stock Exchange, Ascendant Group Limited advised that pursuant to its share repurchase programme, during the month of June 2018 the company repurchased 158,188 common shares at an average price of $15.80. The Company advised the repurchased shares have been reserved for issuance. Related StoriesAscendant’s... Read more of this article

$107.5M Financing For New BELCO System

$107.5M Financing For New BELCO System

BELCO has arranged $107.5 million in financing which the company said “will be used to fund the construction of BELCO’s replacement generation and battery energy storage system.” Ascendant, BELCO’s parent company, said, “Ascendant Group Limited is pleased to announce the signing by its wholly owned subsidiary, Bermuda Electric... Read more of this article

Ascendant’s May 2018 Share Repurchases

Ascendant’s May 2018 Share Repurchases

In a filing with the Bermuda Stock Exchange [“BSX”], Ascendant Group Limited advised that pursuant to its share repurchase programme, during the month of May 2018 the company repurchased 35,400 common shares at an average price of $15.00. The Company advised the repurchased shares have been reserved for issuance. Related StoriesAscendant’s... Read more of this article

Ascendant Group Announces Board Changes

Ascendant Group Announces Board Changes

In a filing with the Bermuda Stock Exchange [BSX], Ascendant Group Limited has announced board changes. The full filing stated, “The Board of Directors of Ascendant Group Limited announces the retirement of David Dodwell, Sr and Edward Williams from the Company’s Board of Directors [the “Board”], effective 18 May 2018. “On behalf of... Read more of this article