Green Energy Renewable Solutions
MAY 16, 2013 **** MERGER CONFIRMED !!
Cirque Energy, Inc.
(OTC QB: EWRL)
243 West Congress St, Suite 350
Detroit, MI 48226
EWRL Merger News Thursday, May 16 2013 10:15 AM, EST Green Energy Renewable Solutions, Inc. Merges with Cirque Energy II, LLC Business Wire "Press Releases - English"
DETROIT --(BUSINESS WIRE)-- Green Energy Renewable Solutions, Inc. (OTCQB: EWRL) (Green Energy) announced today that it has merged with Cirque Energy II, LLC , (Cirque Energy or Cirque) a privately-owned renewable energy development company based in Michigan .
Effective February 1, 2013
Green Energy Renewable Solutions, Inc.
appoints Roger Silverthorn as Chief Financial Officer and Secretary
Mr. Silverthorn has over 28 years experience
in the renewable energy business
as power plant owner and operator
of eight solid-fuel biomass power plants
in two countries and several states.
He led the development of vertically integrated fuel systems
and also developed a renewable energy marketing company,
among the first in the United States.
He was an early entrant to the renewable energy business
when renewable power generation was in its infancy.
Business Entity Information Florida Secretary of State - Corporations Divison
SEC EDGAR May 16, 2013
Green Energy Renewable Solutions, Inc. Merges with Cirque Energy II, LLC
Green Energy Renewable Solutions, Inc. is a waste conversion company,
publically traded on the OTC Bulletin Board (OTCQB) under the symbol EWRL.
The Company, headquartered in Las Vegas, Nevada, has recently secured the
site for its first waste and recycling operation in Highland Park, Michigan
and is developing further waste and energy related projects.
EWRL has developed a business strategy to bring a value added,
solutions drive approach to the growing waste management
problem in the US and abroad. The Company is securing long term
control of waste streams that are currently adding to our growing
landfill problem or are directed to other undesirable disposal
options such as incinerators.
EWRL is applying advanced materials separation and recovery
strategies to reduce landfill impact while growing revenue
and profit opportunities.
EWRL plan enhances recovery of high value recyclable materials
and employs waste conversion processes that create new income
streams and savings by utilizing those waste components that
are currently going to landfill. The strategic emphasis is on
waste conversion tactics that create products with existing
market demand including waste derived fuels and electricity.
Management believes that the developing recycling recovery
and waste conversion industry offers potentially high return
on investment and that the demand for the services offered
by EWRL will continue to grow at an aggressive pace.
The company is seeking out opportunities where there is
a short window to revenues and positive cash-flow.
EWRL has made a significant investment in the development
of its start-up waste processing and recycling operation in
Highland Park, Michigan and has the key elements already in
place to deliver all of the aspects of its waste diversion
business model. This isa scalable operation and one that
can be replicated over and over again offering great
opportunities as EWRL grows its business plan.
The waste and recycling operations can achieve high levels
of profitability with relatively low investment and where
there is existing and growing demand for this form of landfill
waste diversion program and the extension of this to waste
to energy generation working with proven technologies that
will create long-term high value assets.
The waste diversion and recycling operations consist of an
intake and processing station at Highland Park located on a
15 acre site which accepts construction and demolition
waste (C & D). The company will process incoming unsorted
C&D for recovery of valuable recycle materials, including metal,
cardboard, paper, concrete, asphalt shingles and plastics.
The recycling process is projected to increase the value of
the waste by a factor of more than 4 and EWRL has entered
into long term contracts for the supply of C & D debris.
Under the 20 year term of the agreement, up to 1000 tons of
C&D will be delivered per day to the Company's Highland Park
facility and the Company is guaranteed a minimum
"tipping" fee per ton.
Green Energy Renewable Solutions will be making a significant
investment in the waste diversion operations at Highland Park
including significant automation of the process. The future
development of the operation will include the construction
of a waste to energy power generation plant, fuelled by
Refuse Derived Fuel ("RDF") produced primarily from materials
recovered and processed from the incoming C&D stream,
again increasing the value of the waste material.
Municipal Waste Landfill Diversion Projects:
EWRL is developing municipal solid waste diversion projects
in conjunction with landfill operators and municipal authorities.
Typically the project is a phased development sometimes
requiring the initial stabilization works to accept or increase
the amount of municipal solid waste (MSW) under municipal
contracts with tipping fee if the company becomes the
operator of the landfill operation.
EWRL will then design and implement a landfill diversion program
with a recycling/processing operation that will sort valuable
recyclables from the MSW such as metals, plastics, cardboard
and paper. These materials have ready markets and are sold
for between $15 at the low end to over $150 per ton for metals
and can make up approximately 50% of the MSW by volume
considerably extending the operational life of the current
Further development of the diversion program will be the
construction of a waste to energy (WTE) power plant at the
landfill. The power plant will use an advanced clean energy
technology process to create synfuel from a proven and
operating gasification technology. The synfuel will be used
to power a conversion engine plant to produce low cost,
clean electricity from the waste material and eventually
bring the landfill diversion to virtually 100%.