3Power Energy Group Inc (PSPW)

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remember this> 3Power Energy Group to Open an Investment Middle East Branch in United Arab Emirates Which Will be Dedicated for the Acquisition, Fund Raising and Financing of the Company Projects and Operation

NEW YORK, Dec. 22, 2011 /PRNewswire via COMTEX/ -- 3Power Energy Group Inc. ("3Power" and "the Company") (OTCBB: PSPW) (Frankfurt: PSD) is pleased to announce that the company to open soon an investment Middle East branch in United Arab Emirates at Ras Al Khaima. The new branch will be 100% owned by 3Power and will be dedicated for the acquisition, fund raising and financing of the company projects and operation. The company has made big progress on the project's pipeline development and acquisition including grid connected and revenue generating projects which will be communicated to the market in due course. The move comes in preparation for arranging funds which the company will need to finance its equity in these projects. Funds will be raised within selected investors connected to the company directors and share holders.

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