GESI Partner InREFCo Anticipates Financing Options and Qualification for GESI Renewable Energy Plant in Alberta
14 Março 2012 - 10:18AM
Marketwired
Green Energy Solution Industries, Inc. (PINKSHEETS: GESI) recently
announced their partnership with InREFCo, and is now pleased to
announce that based upon preliminary examination of GESI's
waste-to-energy project InREFCo believes GESI's Alberta Energy
Project will qualify for a number of financing options. In addition
to the incredible technology InREFCo provides they also present a
brilliant array of financing options. InREFCo has made funding
options for numerous other projects including: $10,000,000 high-
tech, hydroponic food production facilities, $90,000,000 industrial
and hazardous waste disposal facility, and a $600,000,000
waste-to-energy facility disposing of multiple waste streams and
mining an old landfill.
InREFCo offers environmentally conscious companies Power
Purchase Agreement (PPA) loans, hard money loans, bridge loans,
debt or equity loans and 100% PPA Financing for any project or
company with investment grade entities that qualify. The investment
grade entity may be a governmental agency, local municipality,
feedstock provider, off-taker power purchaser, O&M or
technology provider, Contractor, JV Partner, etc. This lending is
based on the credit of the investment grade entities involved. It
is not project specific, but credit worthy specific. Given the
expectation of a PPA for GESI based upon its expected energy output
capacity, such financing seems promising for the waste rail ties to
electricity project in Alberta.
GESI should benefit from InREFCo's varied strategic funding
programs to get projects the funds they need depending on their
unique strengths. With no-cost feedstock, GESI seems well
positioned for not only a PPA and other revenue sources, but for a
number of financing scenarios that are not intended to impact the
equities of the Company.
GESI Green Energy Solution Industries,
Inc. GESI is a project developer for renewable energy projects
in Canada. Utilizing in-depth due diligence, GESI has developed
business plans, contracts and agreements with resource providers,
land owners, waste sources, technology providers, and government
entities for the placement of renewable energy projects. GESI is
now a public company with administrative offices in Houston, Texas
and operations in Alberta, Canada. For More Information on GESI see
the web site at www.gestechnologies.com
The foregoing press announcement contains forward-looking
statements that can be identified by such terminology such as
"believes," "expects," "potential," "plans," "projected,"
"suggests," "may," "should," "could," "intends," or similar
expressions. Such forward-looking statements involve known and
unknown risks, uncertainties and other factors that may cause the
actual results to be materially different from any future results,
performance or achievements expressed or implied by such
statements. In particular, management's expectations could be
affected by, among other things, uncertainties relating to our
success in completing acquisitions, financing our operations,
entering into strategic partnerships, engaging management and other
matters disclosed by us in our public filings from time to time.
Forward-looking statements speak only as to the date they are made.
The Company does not undertake to update forward-looking statements
to reflect circumstances or events that occur after the date the
forward-looking statements are made.
Contact: David Zembeck P: 615-426-2565
greenenergyinvestorrelations@gmail.com
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