Green Energy Solution Industries Announces Conclusion for Renewable Energy Project Funding
03 April 2013 - 5:45PM
Business Wire
Green Energy Solution Industries, Inc. (OTC: GESI), a project
developer for a Waste-to-Energy project, in Alberta Canada, is
pleased to announce to its long standing and supportive
shareholders that the long sought project funding is being
concluded in concert with its joint venture partner InREFco. After
great effort by all involved over the last several months, GESI’s
project funding has been confirmed. Under the joint venture with
InREFco, there will be a revenue split of 60/40 in favor of GESI
from project revenues.
The funding availability will mean that GESI will be able to
begin the next steps of its waste-to-energy project development
including technology site plan engineering, finalization of
purchase or licensing of the selected energy technology, permit
finalization, site planning, and closing of further contracts to
ensure feed stock sources.
Gordon McKay, CEO of Green Energy Solution Industries, stated:
"I would like to thank all of our investors for their long endured
patience. In today’s environment, it is uncommon to have the
support of the shareholders that we have had over the last year in
finding the right funding source for our tremendous business. To
those who kept the faith we are honored to have you with us. We
will now be able to promptly fulfill our business plan.”
Jason Watson, CEO of InREFco, stated: “We have secured the funds
to complete and pursue this Joint Venture with GESI and look
forward to implimenting the business plan.”
About Green Energy Solution Industries, Inc.Green Energy
Solution Industries, Inc., 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, to create economic stimulation, job creation,
toxic waste removal, creation of energy, and to add to Canada’s
ever increasing renewable energy sources.
For more information:Website: WWW.GESIENERGY.comE-mail:
GreenEnergyInvestorRelations@gmail.com
The foregoing press announcement contains forward-looking
statements that can be identified by such terminology such as
"believes," "expects," "potential," "plans," "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.
Investor Relations:Dave
ZembekGreenEnergyInvestorRelations@gmail.com615 426-2565
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