Deputy Minister of Energy Criticizes Infinity Energy Project's Cost-to-Profit Discrepancy

The Deputy Minister of Energy expressed reservations regarding the Infinity Energy project, citing a disproportionate cost-to-profit ratio. 

These statements followed Country Director Yassin Kargbo's public remarks concerning the lack of action on a signed agreement, endorsed by President Bio in 2021. Mr. Kargbo had highlighted the potential of their energy generation to serve as an alternative power source during ongoing disputes with energy supplier Karpower.

In response to the Country Director's allegations, Deputy Minister of Energy Edmond Benjamin Nonie affirmed his awareness of the project and confirmed his review of their documentation, including participation in a meeting on May 21, 2025. 

During this meeting, Deputy Minister Nonie raised concerns regarding page 38 of their proposal, which outlines a power purchase agreement and specifies a variable cost of 15 cents per unit. When queried about the nature of this variable cost, Infinity Energy indicated it pertained to the utilisation of waste products. However, Infinitum Energy was unable to provide precise figures concerning the government's financial obligation for waste product disposal.

Deputy Minister Nonie emphasised that, at a rate of 15 cents for 30 megawatts over a 25-year period, Infinity Energy is requesting the Electricity Distribution and Supply Authority (EDSA) to remit a cumulative sum of $900 million. 

He contrasted this figure with the project's estimated construction cost of $200 million for the 30-megawatt project. 

Consequently, due to the ambiguities present in these arrangements, Deputy Minister Nonie declared his non-endorsement of the project.