Baron capital Ent BCAP will own TGGI (shell) Trans Global Corp
In the PR it states- When the two acquisitions are completed, TGGI will have three operating subsidiaries: FederaLED, an energy saving company for commercial and residential use, and a waste remediation company. All three subsidiaries have cross integration and will support each other.
The energy saving company is discussing other product opportunities to add to its product mix that will allow it to own the patents for the products, which are all synergistic and can be financed through its finance company.
this is the definition
Waste remediation is a process in which contaminants are removed or rendered neutral so that they cannot cause harm. The remediation of hazardous waste is an ongoing project in many nations of the world, as they deal with the continuing production of hazardous waste and the cleanup of waste which was produced in prior eras when environmental regulations were less stringent. Companies which specialize in waste remediation can offer very specific services, such as cleanups of particular types of waste or specific environments, or they may offer more general waste remediation services.
The idea behind waste remediation is that hazardous waste needs to be handled with care to avoid polluting the environment. The process starts with an assessment of the site to determine the remediation needs. In an abandoned contaminated site, people identify the types of waste present and their locations. In a site where hazardous waste is generated as part of site operations, people determine what kind of waste is being produced so that they can establish handling protocols for it.
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