Tuesday, November 20, 2018

Federation of Saint Kitts and Nevis: Geothermal Project on Nevis Still Looking for Funding

Nevis Still Waiting On Investment For Geothermal Production (WINN FM)

The Nevis Island Administration says the geothermal project on the island remains stalled as they continue to try to find means to fund the production of the renewable energy.

Premier Mark Brantley speaking at a press conference Tuesday said some $50 to $60 million dollars would need to move the project forward.

The Premier said two sources for financing have been identified but that process might take several months to materialize if at all.