“The Government of Dominica signed a Framework Agreement with Kenesjay Green Limited (KGL) for the development of a green industrial initiative based on the production of green hydrogen and its derivatives. A central feature of the work undertaken to date has been the essential de-risking activities required prior to developing the appropriate business, investment, and financial model. In this regard, we have found KGL to be a reliable, dependable, and competent partner.

KGL is presently completing a pre-feasibility study for a 100MW green ammonia facility in Dominica. This study has been carried out in collaboration with competent international

partners and through continuous engagement with key local stakeholders. To date, we are very satisfied with this effort.

We are also finalising an exploration and drilling plan for a geothermal reservoir in the north of Dominica with the support of JRG Energy Consultants, Cowater International, and the Government of New Zealand. This geothermal resource will be dedicated to this investment. Following exploration drilling, KGL will execute a full feasibility study. Our target is to commence exploration drilling in the first quarter of 2026, with the goal of beginning green ammonia production by 2030.

This novel regional development has required strong collaboration and the creation of the right partnerships to ensure success. In this regard, KGL has been a willing and highly collaborative partner. Together, we have engaged bilaterally with the Governments of Belgium and Trinidad and Tobago as potential offtaker partners; conducted national stakeholder consultations to assess local green hydrogen potential; and jointly engaged regional multilateral financial partners, including the CDB, IDB, and CAF, whose participation is critical to achieving a viable weighted cost of capital.

We have also worked alongside KGL in regional and international forums such as COP and CREF, where they have demonstrated a consistent commitment to partnership and progress.

KGL represents the type of private sector entity with the necessary vision and commitment to partner with governments—an essential element if the region is to achieve a successful low-carbon transition. We are very pleased that a Memorandum of Understanding has been signed with KGL to explore and invest in green hydrogen opportunities across the region.

While KGL’s principal challenge lies in limited resources to execute all the essential activities needed to advance its vision, its drive and collaborative approach have been exemplary. We look forward to continued collaboration and to meeting at CREF to provide a status update, next steps, and expectations for Dominica’s green industrial development opportunities.”

“io Consulting is proud to count Kenesjay Green Limited (KGL) as a trusted partner in delivering sustainable energy solutions across the Americas. Our collaboration spans several impactful initiatives — from the NewGen Hydrogen Project in Trinidad, to geothermal studies in Dominica, and closed-cycle generation concepts in the United States.

KGL has consistently demonstrated an exceptional ability to secure and deliver complex, high-impact projects across both the public and private sectors, creating valuable opportunities for io Consulting to contribute meaningfully as a strategic partner.

We look forward to continuing this relationship and supporting clients as they navigate the energy transition with confidence, clarity, and value.”