Blue Sphere Announces the Accomplishment of a Major Milestone in the Implementation of Its 3.2 MW Waste-to-Energy Project in Rhode Island: Execution of Purchase Agreement for Suitable Property
EVEN YEHUDA, Israel, Apr 16, 2013 (GLOBE NEWSWIRE via COMTEX) -- Blue Sphere Corp. (OTCBB:BLSP) (the "Company" or "Blue Sphere"), a company in the Cleantech sector as a waste-to-energy and clean energy project integrator, is pleased to announce that it has signed a purchase agreement for a suitable property for its 3.2 MW waste-to-energy plant in Rhode Island.
"This represents a major break-through for the Rhode Island project. We are now able to finalize our other agreements, which were dependent on site control, for this project and accelerate the final steps to financial closure. In parallel, we are on track to close our 5.2 MW project in North Carolina," said Shlomi Palas, CEO of Blue Sphere Corp.
For further information info@bluespherecorporate.com.