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TARGETED PROJECT 1, BAHAMAS

20Mw-50Mw Waste and Energy Green Park Nassau/New Providence, Bahamas – capex c $ 250mio up to $600mio

The proposal is to integrate over a 3 year time frame a network of technology packages that deal with existing landfill wastes and the daily incoming waste streams. The solution is based around doing more than trying to eradicate waste by creating value chains in both new products, energy and food stuffs alongside a Carbon benefit.

Though the solution packages are independent, they achieve a greater beneficial and financial return when they combined. The purpose of the solution is to engage the sector into respectively waste and the inherent value is the waste by realising that value for the company operating the landfill. The solution is designed to bring a varied range of jobs and increase the health and safety, environmental performance and reduce the carbon footprint of the Island.

Project in 2 stages over 36 months:

Stage 1 – 18 months: $ 60 mio start December 2023, tyre recycling, sewage treatment, temporary energy centre

Stage 1a – 36 months: $ 190 mio start December 2023, combined recycling, 16Mw waste to energy plant.

Solid investment return of over 30% pa plus levered.
Project will be upscaled in a stage 2 over 48 months: $ 350 million waste to energy plant expansion via inter Island waste feedstock, agricultural produce and related infrastructure and full landfill remediation.

Project in 51%-49% joint venture between local landfill manager and PPMI (Bahamas), who is also prospective co-project manager.