WALNUT, Calif., May 4, 2015 /PRNewswire/ -- On April 14, 2015, VIASPACE Inc. (OTC: VSPC) issued
a press release announcing that Energia Reino Verde has signed an
agreement for the Engineering, Procurement and Construction
Supervision of the 12 MW biomass power plant that will be
co-located with the 834 hectare (2,060 acre) Giant King®
Grass plantation project in Nicaragua. VIASPACE Inc. owns a 50% interest
in Energia Reino Verde (Green Kingdom Energy in English), the
special-purpose company that will own and operate the project. The
other 50% is owned by investors and executives of AGRICORP - a
large agribusiness company in Nicaragua. The agreement was signed with a
global Engineering, Procurement and Construction (EPC) company that
will provide the power plant engineering and equipment, and
guarantee the plant's performance.
VIASPACE CEO, Dr. Carl Kukkonen,
reported, "In addition to the clean, renewable energy power plant
and Giant King Grass plantation which represent our business
interest in Nicaragua; my wife,
family and I, with help from VIASPACE and AGRICORP, are providing
charitable support for an organization in Nicaragua to help poor families and abused
teenage girls. The Missionaries of Charity, founded by Mother
Teresa in India, operate a program
in a poor area of Granada, Nicaragua, that shelters and educates 30
teenage girls who were removed from their families because they
were abused. They also have a preschool for children in the
neighborhood, and provide meals and clothing for the poor. My
wife, Noreen, collects used clothes in our community that I bring
to Nicaragua on my frequent trips.
She is taking the lead on this and accompanies me on some of my
trips to Nicaragua, where she
sometimes teaches English to the girls. The missionaries have asked
for help in obtaining computers for their school. They have had
none, up until now. Computers that may be considered obsolete in
the US are still fine for their classrooms. VIASPACE has
contributed some laptop computers, and AGRICORP is also doing so.
Additional donations would be welcomed. If anyone is interested,
please contact us through the VIASPACE e-mail or phone number
below."
Pictures from the Missionaries of Charity in Nicaragua are available on the VIASPACE
Facebook page www.facebook.com/viaspaceinc.
About VIASPACE Inc.
VIASPACE grows renewable Giant King® Grass as a
low-carbon fuel for clean electricity generation; for
environmentally friendly energy pellets; and as a feedstock for
bio-methane production and for green cellulosic biofuels,
biochemicals and biomaterials. Giant King® Grass is a
proprietary, high yield, dedicated biomass energy crop. Giant
King® Grass when it is cut frequently at 4 to 5 feet
tall is also excellent animal feed. The USDA granted approval for
planting Giant King® Grass throughout the US and
cooperates in exporting by performing the required inspections and
issuing the phytosanitary certificate needed for import into
foreign countries. Giant King® Grass is being grown in
California, Hawaii, St. Croix Virgin Islands, Nicaragua, South
Africa, China, Myanmar, Pakistan, Philippines and Guyana. For more
information, please go to www.VIASPACE.com or contact Dr.
Jan Vandersande, Director of
Communications, at 800-517-8050 or IR@VIASPACE.com.
Safe Harbor Statement
Information in this news release includes forward-looking
statements. These forward-looking statements relate to future
events or future performance and involve known and unknown risks,
uncertainties and other factors that may cause our actual results,
levels of activity, performance or achievements to be materially
different from those expressed or implied by these forward-looking
statements. Such factors include, without limitation, risks
outlined in our periodic filings with the U.S. Securities and
Exchange Commission, including Annual Report on Form 10-K for the
year ended December 31, 2014, and
other factors over which VIASPACE has little or no control.
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/viaspace-ceo--spouse-provide-support-for-missionaries-of-charity-in-nicaragua-300076513.html
SOURCE VIASPACE Inc.
