GreenWorld enters into a strategic alliance with 3Power
New York, USA - Atlanta based GreenWorld Development announces that it signed a strategic alliance and partnership agreement with 3Power Energy Group to jointly acquire and to develop US multifunctional Energy Centres.
As first steps GreenWorld and 3Power will jointly acquire the North Carolina Biomass/Wood Pellet Plant and develop multifunctional Energy Centres on the "Green Mountain" landfill site in Alabama. The Alabama site will house "waste tire to energy", "municipal waste to energy", "biomass for energy production plants" and with 3Power's experience also develop a "wind power plant."
Leo J. Heinl, GreenWorld CEO says, "We at GreenWorld are delighted to join forces with 3Power. The synergies are obvious – we both concentrate on renewable energy."
Niall Shanahan, GreenWorld Director of Mergers & Acquisitions adds, "This strategic alliance with 3Power further demonstrates our commitment to the growth of our company to deliver shareholder value."