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Re: rodman post# 28354

Wednesday, 12/17/2014 10:32:42 AM

Wednesday, December 17, 2014 10:32:42 AM

Post# of 31561
Legislature Addresses Tibbar Energy and Water Island Hotel Leases

By Bill Kossler — December 17, 2014






Tibbar Energy principal Tania Tomyn testifying to the V.I. Legislature on Tuesday.


The V.I. Government will rent hundreds of acres of St. Croix farmland to Tibbar Energy to grow King Grass for use in electricity production if a lease tentatively approved in committee Tuesday is passed by the full V.I. Legislature.

The Finance Committee also approved leases for a hotel on 45 acres of land on Water Island for an electrical supply center and for an auto repair center in Sub Base on St. Thomas.

The government plans to lease Tibbar 232 acres on St. Croix that are reserved for agricultural use to grow King Grass. The land would join more than 1,700 acres on St. Croix that Tibbar has purchased or leased to grow the grass and build digesters to produce biogas for energy production, Tibbar owner and manager Tania Tomyn told the committee