The main hospital in the Northern Marianas has agreed to try and clear the 14 million US dollars it owes the territory's utility.
This week the Commonwealth Healthcare Corporation signed a deal to clear arrears due to the Commonwealth Utilities Corporation.
Photo: 123rf
The deal will also it to tap into renewable photovoltaic energy to power the hospital.
Under the deal, the hospital will initially pay US$250,000 of the millions it owes and then a minimum monthly payment of 150-thousand dollars.
The Healthcare Corporation's annual power bill runs at US$5 million a year and it wants to access to renewable energy to bring that number down.