Caribbean Island of Barbados To Get Waste-To-Energy Plant

From: Gina-Marie Cheeseman, Triple Pundit, More from this Affiliate
Published March 26, 2014 08:06 AM

Cahill Energy, based in Guernsey, announced the signing of an agreement with the government of Barbados on March 15 to build and operate a waste-to-energy plant. The company plans to invest up to $240 million in the plant which will be built in Vaucluse, St. Thomas. The plant is predicted to create up to 350 jobs, plus stimulate economic growth on the island and save the government of Barbados several hundred million dollars during the 30-year contract, according to estimates from Cahill Energy.

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