inverteddigital

Camana Bay, Cayman Islands, August 22, 2024. Infinitum Energy (“Infinitum“, or the “Company“), a leading climate infrastructure and clean energy development company, is pleased to announce the appointment of Kola Adesina to the Company’s Board of Directors, effective August 21, 2024. Mr. Adesina has more than 35 years’ experience in the energy and infrastructure sectors globally. He is currently the Group Managing Director of Sahara Group, operating in over 40 countries.  Nearing 2GW of installed capacity, Sahara Group is the largest private distribution company in Sub-Saharan Africa. He sits on the Board of Sahara Group Ltd, Ikeja Electric, Egbin Power...

Camana Bay, Cayman Islands, June 22, 2024. Infinitum Energy (“Infinitum“, “iEg“, or the “Company“), a leading climate infrastructure clean energy development company, is pleased to announce the Company has received its Letter of Intent from the Ceylon Electricity Board (“CEB”) for the development of the first 100MW phase of the Company’s 350MW solar project in the Hambantota region of Sri Lanka. This key approval will allow iEg to propose and plan for the interconnection of the project to the Hambantota grid substation. The project is expected to produce almost 268,000 MWh of clean solar energy, while creating local jobs and...

Camana Bay, Cayman Islands, May 3, 2024. Infinitum Energy (“Infinitum“ or the “Company“) is pleased to announce the Company received approval from the Sierra Leone Ministry of Energy on April 30, 2024 for Infinitum’s landmark 30MW Waste-to-Energy Project in Freetown, Sierra Leone (the “Project”). Infinitum believes the Project represents the largest impact of any single project on the continent of Africa and will be revolutionary for Sierra Leone. Project Highlights: 30MW of clean, renewable, 24/7 baseload power 1,500+ local jobs created during operation 400+ jobs created during construction $150,000,000 project CapEx $61,000,000 in taxes paid locally to Sierra Leone $6,000,000...

Camana Bay, Cayman Islands, March 25, 2024. Infinitum Energy (“Infinitum“, “iEg“, or the “Company“), a leading climate infrastructure clean energy development company, is pleased to announce the appointment of Isabelle Freidheim to our Board of Directors, effective March 25, 2024. Ms. Freidheim is the co-founder and previously CEO of AI company, Magnifi (acquired by Tifin in 2020). She is an entrepreneur and investor with more than 15 years of experience in venture capital, private equity, SPACs and IPOs. Subsequently, Ms. Freidheim founded Athena Capital in 2020. Athena Capital is an investment fund focusing on the intersection of private companies preparing...

Camana Bay, Cayman Islands, February 21, 2024. Infinitum Energy (“Infinitum“, “iEg“, or the “Company“), a leading climate infrastructure clean energy development company, is pleased to announce the Company has received a Provisional Approval from the Sri Lanka Sustainable Energy Authority (“SLSEA”) for the development of the first 100MW phase of the Company’s 350MW solar project in the Hambantota region of Sri Lanka. This key approval will allow iEg to meet its scheduled development targets for this crucial project. The project is poised to produce almost 268,000 MWh of clean solar energy for the grid operator, Ceylon Electricity Board (“CEB”), while...

Camana Bay, Cayman Islands, January 31, 2024. Infinitum Energy (“Infinitum“, “iEg“, or the “Company“), a leading climate infrastructure clean energy development company, is pleased to announce that it has completed a redomiciling of the Company from Singapore to the Cayman Islands. Effective today, Infinitum Energy is a Cayman Islands domiciled company. The Company's shareholders now own shares on a one-for-one basis in a Cayman Islands exempted company rather than a Singapore-based corporation. The redomiciling to Cayman Islands will have no material impact on how the Company conducts its day-to-day operations.   Transaction Summary: Pursuant to the Asset Sale Agreement dated January 30, 2024 (the “Agreement”), Infinitum...