Shortly after his trip to the Middle East, SKN’s Prime Minister, Dr. Terrence Drew provided an update on the Geothermal Energy Project (situated on Nevis).

He signed a Memorandum of Understanding (MoU) for the project with UAE-based K&K Group (a premier market-leading private investment firm known for its strategic investments and innovation across various sectors) and Siemens Energy, (a global leader in the energy business.) This he mentioned, during his roundtable discussion with the media, on April 24th:

PM Drew said it will transform the energy sector in the Federation:

Prime Minister Dr. Terrence Drew. The signing of the MOU initiates the feasibility studies, proposal planning and technical documentation required for the commencement of the project.