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Wednesday, March 16, 2011 12:08:57 AM
"We were impressed with 3POWER's business model of expanding the Company to have vertically integrated capabilities; from development and engineering, to whole life operation of renewable energy power plants. This is exactly the direction we were headed.. This opportunity to merge with 3POWER simply expedites our goals," said James Wilson, Managing Director and cofounder of Seawind.
"The combined teams of 3POWER and Seawind have extraordinary industry experience and expertise in project development, management, operations, and engineering know-how. The combination will create a unique and solid foundation for global expansion." said Mr. Tim Adams, Operational Managing Director and cofounder of Seawind. Mr. Adams (who following the merger will be appointed as the COO of 3POWER) has been in charge of Seawind operations since inception, enabling Seawind to meet its customers' needs and challenges.
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