NREI

Thermal Energy Partners (TEP), acting through its subsidiary Nevis Renewable Energy International (NREI), and the Nevis Electric Company Limited (NEVLEC) signed a long-term agreement for 25 years of energy supply connected to a geothermal project on the island of Nevis. The first plant of its kind on the island will supply 9 MW of power that is immediately expandable to meet the ongoing power needs of Nevis and easily capable of exporting 40-50 MW of additional power to other islands.