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...

VANCOUVER, BC / November 26, 2023 / Infinitum Energy Pte. Ltd. (“Infinitum“, “iEg“, or the “Company“) is pleased to announce the Company has received Presidential Committee approval to develop the first 100MW phase of the Company’s 350MW solar project in the Hambantota region of Sri Lanka.  This approval paves the way for iEg to maintain the development schedule of this critical project. The project is expected to reduce the country’s carbon emissions by more than 147,000 tons annually, and save the government $35,000,000 in imported fuel costs. Lindsay Nagle, Infinitum’s CEO, commented: "This critical approval poises Infinitum to be well...

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,...

VANCOUVER, BC / July 22, 2023 / Infinitum Energy Pte. Ltd. (“Infinitum“, “iEg“, or the “Company“) regrets to inform stakeholders that Infinitum has served MyTC Corporation (“MyTC”); its sole shareholder eWealthtech LLC (“eWealth”); and it’s Directors, Mr. Mrudang Patel (“Mru Patel”, or “Patel”) and Mr. Bharat Sevak (“Sevak”) with a notice of default for their subscription of the Company’s $7,500,000 Series A financing jointly announced November 18, 2022.   Infinitum has made numerous attempts over the previous months to find an amicable solution with MyTC, Patel and Sevak. As a result of MyTC not responding to the Notice of Default...

VANCOUVER, BC / March 29, 2023 / In a significant development, Infinitum Energy Pte. Ltd. (“Infinitum“, “iEg“, or the “Company“) made a compelling presentation on March 28, 2023 to the Sierra Leone Parliamentary Standing Committee on Planning and Economic Development, held at the House of Parliament in Freetown. The meeting marked a pivotal moment for iEg's plans to provide a substantial 30 megawatts of electricity for Sierra Leone's Western Area by harnessing the power of waste-to-energy (the “Project”), resulting in preliminary Parliamentary approval of the project.  The Project represents the single largest impact project on the continent and is a...

VANCOUVER, BC / March 5, 2023 / Infinitum Energy Pte. Ltd. (“Infinitum”, “iEg”, or the “Company”), a pioneering climate infrastructure company, is pleased to announce the agreement with the Mahaweli Authority for up to 1,100 acres of land in Sri Lanka. This acquisition marks a pivotal advance in the implementation of iEg’s renewable energy portfolio and enables the Company to move into the next phase of conducting detailed project studies. Infinitum has been approved to spearhead the development of a portfolio of wind and solar projects, cumulatively expected to deliver a robust 488MW installed capacity. This initiative aligns with Sri...

VANCOUVER, BC / ACCESSWIRE / November 18, 2022 / Infinitum Energy Pte. Ltd. (“Infinitum“, “iEg“, or the “Company“) is pleased to announce it has closed a non-brokered private placement for gross proceeds of $7,500,000 priced at $0.75 per Common Share. The private placement was fully subscribed by eWealthTech LLC (“eWealthTech“), through their wholly owned US-based subsidiary, MyTC Corporation (“MyTC“). Pursuant to significant interest, the Company announces that it is arranging a follow-on non-brokered private placement financing for up to $2,500,000, also priced at $0.75 per Common Share, targeting close prior to December 15, 2022. Mr. Lindsay Nagle, CEO of Infinitum, commented: “We are very pleased to have…