Greentech Lead America: Green Energy Renewable Solutions has merged with Cirque Energy II, a privately-owned renewable energy development company based in Michigan.
Following the merger, the new company will be named Cirque Energy. The management team is comprised of Frank O’Donnell, chairman of the Board; Joseph DuRant, chief executive officer; Roger Silverthorn, chief financial officer; Tom Coté, chief operating officer; and Richard Fosgitt, design and development officer.
Cirque’s executive management team, consisting of Tom Coté, Roger Silverthorn and Richard Fosgitt will become officers of Green Energy.
Silverthorn and Coté will also join the company’s Board of Directors. Frank O’Donnell will continue as Chairman of the Board and Joe DuRant and Dan Garmin will continue as Directors.
The addition of the Cirque management team provides Green Energy with essential execution capabilities that will enable the company to successfully transition from planning to operations in the near term. Cirque also brings project opportunities that are expected to rapidly mature and financing resources that will facilitate securing contracts and implementation.
Joe DuRant, chief executive officer of Green Energy, said, “Our merger with Cirque came together as a result of our shared vision to create a unique energy development company that provides end-to-end expertise in the development, implementation and operation of renewable energy projects that conserve natural resources and minimize negative environmental impact.”
Commenting on the benefits of this merger, Tom Coté, president and chief executive officer of Cirque Energy, said, “By leveraging Green Energy’s expertise in landfill operations and deploying processes and technologies that focus on converting materials typically considered waste into a fuel to create renewable energy, our environmentally sustainable projects will deliver positive results now and for the foreseeable future.”