
St. Kitts and Nevis Secures $20 Million Saudi Loan to Accelerate Geothermal Energy Transition
The Federation of St. Kitts and Nevis has secured a $20 million concessional loan from the Saudi Fund for Development (SFD), marking a pivotal step in its ambitious push to harness geothermal energy and transition from fossil fuels. Prime Minister Dr. Terrance Drew and Premier Mark Brantley announced the funding this week, framing it as…