The news that Shanghai Electric Power has transferred €250 million to Enemalta and will be investing another €70 million in the BWSC power station must have reminded many people of Tonio Fenech’s ‘historic’ statement that he would have been happy to sell Enemalta even at €1 if he found a buyer.
No wonder he had said that Labour’s plans for Enemalta and the lowering of electricity tariffs by 25 per cent were “Alice in Wonderland”!