Bergamo Acquisition Corp Designated by Government of Pakistan to Build and Maintain Energy Facility
HENDERSON, Nev., Jul 21, 2008 (BUSINESS WIRE) -- Bergamo Acquisition Corp (Pink Sheets:BGMO), incorporated in 1997, is a diversified company located in the United States. Its primary business has been a wholesale and retail clothing company.
Bergamo Acquisition Corp having had long association with the Political and Economic structure of Pakistan for many years has been contacted through Pakistan Government Offices to investigate the positioning of a Solar Energy Facility in Pakistan.
Accelerating overseas demand for energy is driving a new wave of growth and profitability for American alternative energy companies. Bergamo has analyzed and responded to this growing market with the creation of Bergamo Energy Inc., a wholly owned subsidiary of Bergamo Acquisition Corp.
Bergamo Energy was established to capitalize on the growing demand for alternative green energy both domestically and internationally. The vision of the company is to explore and find any and all opportunities associated with all energy sources that no longer include fossil fuels. But specifically, at the present time, to seize the opportunity offered to Bergamo by the Government of Pakistan. In 2008.
BGMO has recently secured a proposal from a first tier manufacturer and installer of solar electric facilities. It is the company's intention to secure funding, manage contractors, vendors, and maintain the facilities in the power-sharing agreement.
BGMO has been designated by the government of Pakistan to build and maintain a 500 Megawatt solar facility. This is the first of a potentially expandable order up to 4000 Megawatts. The power sharing arrangement is a 20-year agreement between the government of Pakistan and Bergamo Energy Inc.
The Company's investment and growth will occur on a strict "as-needed" basis, with projects initiated only when their commercial prospects are reasonably assured and the investment risk is minimized
