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04/03/13 12:07 PM

#485948 RE: Penny2Paper #485946

hope everyone just saw *****GESI ****news!


Green Energy Solution Industries Announces Conclusion for Renewable Energy Project Funding
Date : 04/03/2013 @ 11:45AM
Source : Business Wire
Stock : Green Energy Solution Industries, Inc. (PN) (GESI)
Quote : 0.02 0.0016 (8.70%) @ 11:23AM

Green Energy Solution Industries Announces Conclusion for Renewable Energy Project Funding
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Green Energy Solution Industries, Inc. (PN) (USOTC:GESI)
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Today : Wednesday 3 April 2013


Green Energy Solution Industries, Inc. (OTC: GESI), a project developer for a Waste-to-Energy project, in Alberta Canada, is pleased to announce to its long standing and supportive shareholders that the long sought project funding is being concluded in concert with its joint venture partner InREFco. After great effort by all involved over the last several months, GESI’s project funding has been confirmed. Under the joint venture with InREFco, there will be a revenue split of 60/40 in favor of GESI from project revenues.

The funding availability will mean that GESI will be able to begin the next steps of its waste-to-energy project development including technology site plan engineering, finalization of purchase or licensing of the selected energy technology, permit finalization, site planning, and closing of further contracts to ensure feed stock sources.

Gordon McKay, CEO of Green Energy Solution Industries, stated: "I would like to thank all of our investors for their long endured patience. In today’s environment, it is uncommon to have the support of the shareholders that we have had over the last year in finding the right funding source for our tremendous business. To those who kept the faith we are honored to have you with us. We will now be able to promptly fulfill our business plan.”

Jason Watson, CEO of InREFco, stated: “We have secured the funds to complete and pursue this Joint Venture with GESI and look forward to implimenting the business plan.”

About Green Energy Solution Industries, Inc.

Green Energy Solution Industries, Inc., is a project developer for renewable energy projects in Canada. Utilizing in-depth due diligence, GESI has developed business plans, contracts and agreements with resource providers, land owners, waste sources, technology providers, and government entities for the placement of renewable energy projects, to create economic stimulation, job creation, toxic waste removal, creation of energy, and to add to Canada’s ever increasing renewable