Greentech Lead America: Green Energy Solution Industries, a project developer for a Waste-to-Energy project, in Alberta Canada, has concluded a renewable energy project funding with joint venture partner InREFco.
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.
Jason Watson, CEO of InREFco, stated the company has secured the funds to complete and pursue this Joint Venture with GESI and look forward to implementing the business plan.
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.