Tuesday, January 22, 2013

St Kitts & Nevis:

West Indies Power Nevis to Appeal Geothermal Contract Court Ruling (Caribbean360.com)

The Netherlands Antilles-based West Indies Power Nevis (WIPN) says it is appealing a recent court ruling that the Nevis Island Administration (NIA) says allows it to now cancel its contract to develop geothermal energy on the island.

The NIA in a statement over the weekend said that as a result of the court ruling, it is now free to pursue the development of geothermal energy with other interested parties than the WIPN.

But WIPN manager Kerry McDonald said that the NIA has mis-interpreted the court ruling and “that it did not cancel the license of WIPN to develop the geothermal resources on the island.

Read More.......