Investor demanding money upfront for new solar project


The company which built the solar energy plant at the airport is now demanding money upfront of APUA for a similar job.

PV Energy Limited is owned by Peter Virdee, the businessman at the center of bribery allegations involving Caribbean politicians.

The General Manager of APUA and the Electricity Manager appeared before the Cabinet to discuss the salient points related to the contractual arrangement with PV Energy—the firm responsible for completing 10 megawatts of green/solar energy across Antigua and Barbuda.

The completion of that contract has been stalled because of demands for payment by PV Energy, in advance of the completion of work not yet undertaken.

From left, Peter Virdee, Prime Minister Gaston Browne, Minister of Energy Asot Michael, and Utilities Minister Sir Robin Yearwood during the opening of the airport solar plant in February 2016. (File photo)

The Cabinet reportedly instructed the APUA team to return to the bargaining table and to get the job done quickly.

PV Energy’s principal has become embroiled in a criminal probe because of bribe allegations.

However, the team undertaking the negotiations did not include the principal, according to the government.

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