Skip to main content

Infinitum Energy Group Meets with President of Sierra Leone at UN General Assembly, Company Receives Full Buy-In from Government

By September 23, 2023No Comments

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 


“Lindsay Nagle”
Director & CEO

For more information contact:

Jeremy Wright, Director & CFO
+1 (604) 837-7990
[email protected]

Unless otherwise denoted, all currencies are denominated in United States of America Dollars.

This news release may contain forward-looking statements and forward-looking information within the meaning of applicable securities laws. The use of any of the words “expect”, “anticipate”, “continue”, “estimate”, “objective”, “ongoing”, “may”, “will”, “project”, “should”, “believe”, “plans”, “intends” and similar expressions are intended to identify forward-looking information or statements.

This news release may contain forward-looking statements and information concerning the Company; and includes its wholly owned subsidiaries.

The forward-looking statements and information are based on certain key expectations and assumptions made by the Company, including expectations and assumptions concerning the success of new project development, the accuracy of information provided by new investors during the Company’s “know your investor” and AML reviews, the continued ability to access capital through equity offerings to support the Company’s ongoing operations, and other factors that affect demand for the Company’s products.

Although the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward-looking statements and information because the Company can give no assurance that they will prove to be correct. By its nature, such forward-looking information is subject to various risks and uncertainties, which could cause the Company’s actual results and experience to differ materially from the anticipated results or expectations expressed. These risks and uncertainties, include, but are not limited to a Company project successfully completing a financial close, being able to generate carbon credits, expenditures and other factors that affect demand for the Company’s products, industry competition, uncertainties as to the Company’s ability to implement its business strategy effectively on a global basis, labour, equipment and material costs, access to capital markets, interest and currency exchange rates, technological developments, political and economic conditions and the Company’s ability to attract and retain key personnel.

Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date it is expressed in this news release or otherwise, and not to use future-oriented information or financial outlooks for anything other than their intended purpose. The Company undertakes no obligation to update publicly or revise any forward-looking information, whether, as a result of new information, future events or otherwise, except as required by law.