TMT, Canary Islands reach land agreement

//TMT, Canary Islands reach land agreement

TMT Vice President Gordon Squires confirmed to the Tribune-Herald that a land concession deal was reached between TMT and Puntagorda, but added that more permits and approvals are required before any construction could begin…

However, Squires said TMT has no current plans to announce a decision on where to build.

“We are very pleased and grateful that certain permits have been granted in La Palma,” Squires wrote in a statement. “Maunakea remains the preferred site for TMT, but this is an essential step in the process for developing our ‘plan B’, should it not be possible to build TMT in Hawaii. At this moment, there is no date set for determining our next steps for constructing TMT.”

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