Green Stream Holdings Inc (GSFI)

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NEW YORK, NY, Feb. 24, 2022 (GLOBE NEWSWIRE) -- Green Stream Holdings Inc. (OTC PINK: GSFI) ("the Company") (https://greensolarutility.com) an emerging leader in the solar utility and finance space, announced that its All Faiths Cemetery Solar Facility Project has been approved by The New York City (NYC) Department of Buildings for compliance with all applicable zoning and construction regulations.

The multi-million-dollar deal is being financed by Green Stream Holdings, Inc. to cover equipment and installation costs.

CEO James DiPrima said: "The All Faiths Cemetery Project has cleared first phase towards completion of a 3.3 Mega Watt Solar Facility in All Faiths Cemetery, Middle Village Queens NY. We are evaluating 2 back of house areas: Area1. The greenhouse maintenance area covering 52,000 sq ft; and Area2 the Dumping Ground, covering 120,000 sq ft."

The system, which will be approximately 14 ft above grade, will allow for cemetery operations to coexist. It will provide renewable energy via the NYS Community Solar Program. An additional approval by the New York State Board of Directors is required upon which a Con Edison Interconnect Agreement will be applied for. All Faiths Cemetery is in process of finalizing a lease Agreement, which will provide funds to maintain the Cemetery.

According to our current plans, we project to have completed the facility by Sept 1, 2022.

This is wonderful news for shareholders and partners.

The Company previously entered into a contract with Amergy Solar Inc. to provide funds to cover Equipment and Installation Costs for the 7,400kw ground mounted Solar Photovoltaic System Installation for a Solar Farm at 4777 Dewey Ave, Greece, NY 14612.