VANCOUVER, BC / September 23, 2023 / Infinitum Energy Pte. Ltd. (“Infinitum“, “iEg“, or the “Company“) held a pivotal meeting with His Excellency President Julius Maada Bio (“His Excellency”) of Sierra Leone during the United Nations General Assembly in New York, centered around the Company’s groundbreaking $189 million Waste-to-Energy Project that is poised to be transformative for Sierra Leone’s energy landscape.
Subsequent to meeting with His Excellency, CEO Lindsay Nagle, joined by CSO Dr. Jahan Moghadam, made a strategic presentation on the project to Dr. Kandeh Kolleh Yumkella, Sierra Leone’s newly appointed Chairman of the Special Initiative for Climate Change, Renewable Energy and Food Security, was attended by several dignitaries. Notable government officials such as Hon. Jiwoh Abdulai, Minister of Environment and Climate Change, Hon. Sheku Ahmed Fantamadi Bangura, Minister of Finance, and Mr. Mathew Dingie, Financial Secretary at the Ministry of Finance, were also present for the occasion. Marking a major milestone in the Company’s ongoing progress, the meeting resulted in a full buy-in from the government.
Infinitum’s ambitious project aims to address two pressing challenges in Freetown: energy scarcity and waste management. Leveraging cutting-edge technology and sustainable practices, iEg is committed to providing Sierra Leone with energy independence while simultaneously enhancing waste management practices in the West African nation.
During the meeting, the Company expressed its enthusiasm for collaborating on these critical initiatives, emphasizing its dedication to creating a brighter, cleaner future for Sierra Leone.
Lindsay Nagle, Infinitum’s CEO, commented: “Remarkable progress has been achieved on our Waste-to-Energy Project in Sierra Leone. We can’t say enough about the dedication of our local team, which have spearheaded the successful completion of all local prerequisites and paving the way for final binding contracts. Having His Excellency’s full support on the project is validation of our alignment of the project with the country’s goals and we are proud to partner with the people of Sierra Leone on this groundbreaking endeavor, which continues to garner international acclaim and stands to be a beacon of progress for the entire African continent.”
About Infinitum Energy Pte. Ltd.
Infinitum is a climate infrastructure company specializing in the development of clean energy projects within emerging markets. The Company’s core focuses are high-impact solar, wind, and innovative waste-to-energy projects. Through strategic partnerships with leading financial institutions, the team has executed on 42 clean energy projects spanning 13 countries to date, with investments amounting to over $12 billion. Infinitum’s five development-stage projects are located across Sierra Leone, Uganda, Turkey, Mongolia, and Sri Lanka, totalling more than $2.5 billion of expected capital expenditures.
For further information on the Company, please visit https://www.infinitumenergygroup.com
ON BEHALF OF THE BOARD
“Lindsay Nagle”
Director & CEO
For more information contact:
Jeremy Wright, Director & CFO
+1 (604) 837-7990
[email protected]
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