German Investors Eye $50 Million Waste-to-Energy Project in San Pedro Town, Belize
German investors are in Belize, and are looking to inject some fifty million dollars in a pilot project in San Pedro Town. The company, Variodin works with waste and residual materials, turning them into energy. The group met with Prime Minister John Briceno this morning to finalize plans for a pilot project for San Pedro Town. Love News met up with the group, and spoke with Reinhart Wenninger, and learnt that the company is currently looking to meet with other officials including the Public Utilities Commission (PUC) to finalize an agreement with the government.
Love News understands that the project will work with the residents on the island to maximize the collection of the sargassum.
Accompanying the investors at today’s meeting with Prime Minister John Briceno was Dr Albert Binger of the Small Islands Developing States (SIDS Dock). Dr. Binger has been instrumental in establishing a network between the government of Belize and the Variodin company.
Love News understands that a team from Germany had made two previous visits to assess the sargassum situation in San Pedro Town.