Limetree Bay Terminals LLC
$800M DEAL DONE: Gov. Kenneth Mapp CHARLOTTE AMALIE – Government House says that people can start looking forward to receiving their income tax refunds as early as this week as a result of the closing of the ratified operating agreement between the Virgin Islands government and Limetree Bay Terminals LLC.
ANTI-BUSINESS SENATOR: Terrence “Positive” Nelson CHARLOTTE AMALIE – Senators meeting in full legislative session voted overwhelmingly to approve the operating agreement between Limetree Bay Terminals LLC and the Virgin Islands government. The 31st Legislature, run by Senate President Neville James, determined that the $800 million deal to take the former
STALLING TACTICIAN: Neville James CHARLOTTE AMALIE – The 31st Legislature will vote on the sale of HOVENSA oil terminal assets to Limetree Bay, an affiliate of ArcLight Capital, on Tuesday Dec. 29, a spokeswoman at Government House said late Wednesday. The Senate will have to weigh the benefits of Limetree
Sen. Sammuel Sanes during Session CHARLOTTE AMALIE – The board of directors of Petróleos de Venezuela, S.A. (PDVSA) has approved the purchase and sales agreement between Limetree Bay Terminals, LLC and HOVENSA, according to a Government House statement. PDVSA has also agree to waive its tax claims against the Virgin