Viosolar - 500 Beiträge pro Seite

[R-BgO]

VioSolar To Purchase Greek PV Firm
in News Departments > FYI
by SI Staff on Tuesday 30 June 2009


VioSolar Inc. has signed an irrevocable memorandum of understanding with a privately held Greek corporation to purchase 85% of its shares.

The target company has 100 kW of production and licenses to build an additional 1 MW, with 200 kW in the construction phase.

"Greece is an excellent market, with its high feed-in tariffs and government grant policy," says Rick Walchuk, president and CEO of VioSolar. "We are also pleased that the founder and majority shareholder of the target company will remain as an integral part of the company. His knowledge and experience will be a valuable asset for VioSolar Inc. going forward."

Closing of the transaction is expected to take two weeks, at which time VioSolar expects to release further details.

SOURCE: VioSolar Inc.

[R-BgO]

historischer Thread:
Thread: Erneuerbare Energien - VioSolar Inc. jetzt auch an der Frankfurter Börse

[R-BgO]

Antwort auf Beitrag Nr.: 37.517.217 von R-BgO am 03.07.09 22:32:05

[ 6/7/2009 ]
VioSolar Inc. Signs Memorandum of Understanding to Purchase an Operating Photovoltaic Solar Company in Greece


ATHENS, Greece--(BUSINESS WIRE)--VioSolar Inc. (OTCBB-VIOSF; Frankfurt-SDE-F) is pleased to announce that it has signed an irrevocable memorandum of understanding (MOU) with a privately held Greek corporation (‘target company') to purchase eighty-five percent of its shares.

The target company has 100 kilowatts of production and licenses to build an additional 1 megawatt, with 200 kilowatts in the construction phase.

"We are very pleased with the result of this acquisition, as it establishes VioSolar as a valid player in the photovoltaic sector in Greece." stated Rick Walchuk, President and CEO. "Greece is an excellent market, with its high feed-in-tariffs and government grant policy. We are also pleased that the founder and majority shareholder of the target company will remain as an integral part of the company. His knowledge and experience will be a valuable asset for VioSolar Inc. going forward".

"Concurrent with this MOU we are in discussions on a number of other projects in Greece and hope to announce further acquisitions in the near future. Our management team and consultants have identified several promising targets and have negotiations ongoing." also stated Mr. Walchuk.

Closing of the transaction is expected to take two weeks at which time VioSolar expects to release further details.

About VioSolar Inc.

VioSolar Inc. is an alternative energy company, with activities in the Photovoltaic Solar Energy sector. The Company's business plan includes the construction, management and operation of Solar Parks in Greece and throughout other South and South Eastern European Union countries. VioSolar Inc. intends to take advantage of the numerous incentives in this sector offered by various European countries, following the general policy decided by the European Union and the relevant directives forwarded to all European Union members.

[R-BgO]

VioSolar Completes Acquisition; Announces New VP
in News Departments > FYI
by SI Staff on Wednesday 29 July 2009
email the content item print the content item Follow SolarIndustry On Twitter

VioSolar Inc. has closed the purchase of 85% of the outstanding shares of Energeiaki E.P.E. of Tripoli, Greece. The founder and majority shareholder of Energeiaki, Stavros Papastavrou, will maintain a 15% ownership of Energeiaki, of which VioSolar Inc. will hold a right of first refusal.

"This acquisition opens the door for VioSolar into the photovoltaic marketplace in Greece," states Rick Walchuk, president and CEO. "Greece is an excellent market place for photovoltaics, with its high insolation levels and feed-in tariffs, coupled with the government grant incentive."

Additionally, VioSolar has appointed Bill Kanatas vice president of North American business development. Previously, he served as founder and CEO of SolarVision, based in Chicago.

SOURCE: VioSolar Inc.

[R-BgO]

V**solar...?:

SOURCE: Midwest Investment Network

TITLE: PhotoVoltaic Energy Parks

SYNOPSIS:

Our company is looking for Capital to build and operate PhotoVoltaic
Energy Parks. These Parks sell the production to the Utility Company
creating a 20 year cash flow guarenteed by the Goverment.

PROPOSAL SUMMARY:

SolarV***** is an alternative energy company focusing on the development and operations of Photovoltaic Energy Parks. The Company was formed in 2009 to participate as a joint venture partner with V**Solar. V**Solar is a publically traded alternative energy company with operations in Greece. V**Solar bring extensive experience in the developing and operating of Photovoltaic energy parks. V**Solar currently owns and operates a 100KW Photovoltaic energy park in Greece. Additionally, V**Solar has two 100KW Photovoltaic energy parks under construction and has approvals to build three more energy parks for an additional 450KW.

V**Solar senior management team brings years of experience and the Board is comprised of Business leaders. The Company is in a unique situation to take advantage of over 10 Mega Watts of Photovoltaic energy license applications. The Solar market continues to grow over 35% per year and remains in constant demand. Greece predicts that over the next few years there will be over $5.7B invested in RES.'s Greece's supply is outgrown by it's demand, in fact over 9% of Greece’s Energy is imported due to the fact that there is more demand then resources to produce it. With more and more concern about Global Warming and the toxins emitted from CO2, Solar Energy will be in the forefront of the Clean Green Energy Sector for many years to come.

The European Union has mandated that Greece as well as other EU Countries to increase their Renewable Energy. Greece’s is mandated by the EU and Greek law to increase their RES from its current share of 5% to 29% by the year 2020. As a result of these new mandates Greece is offering cash grants and many incentives to stimulate the solar growth. With the recent deregulation in the Energy sector the competition in this area is only limited by the funds one needs to develop these parks. There are plenty of opportunity in this sector and will

Using historical data, the JV has put together a conservative 20 year cash flow analysis. In this analysis the Parks will be debt free in less than 14 years with a remaining production life of over 10 years.

Funds received by SolarV***** will be used to fund its portion of the JV between SolarV***** and V**Solar. Our short-term goal is to build 1 Mega Watt of facilities before the decrease of the feed in tariff in August of 2010. As the JV matures together future funding planned will include the 10 Mega Watts that V**Solar has applied on behalf of clients.

In exchange for the $1.4M the Investor will own 85% of our domestic LLC. The domestic LLC will own 40% of the JV partnership, which will own and operate these parks. An investor can expect 14% annually over the next 20 years.

Stock options in V**Solar will be given to each Investor. A spike in stock price over the next few years may give the investor the opportunity to exit the investment early with a significant gain.

Our long-term strategy is to sell these parks off to a Green Fund for an early exit for the investors exceeding projected initial returns.

Carbon Credits will be given to the Company, which will be used by the Utility Company to offset their Carbon emissions.

The Photovoltaic Energy Parks that we are building have no moving parts making them virtually a low risk maintenance free investment.

AMOUNT REQUESTED: 948,500 EUR ($1,400,000)

MINIMUM INVESTMENT AMOUNT: 33,875 EUR ($50,000)

REGION: Outside Midwest

INDUSTRY 1: Energy/Natural Resources/Mining

INDUSTRY 2: Service - Technology

AMOUNT INVESTED: $50,000

INVESTOR ROLE: Any

BUSINESS STAGE: Pre-Startup/R&D

INVESTMENT REASON: Finance Acquisition

POSTED: October 4, 2009

[R-BgO]

keine News seit Ewigkeiten...

Scam?

[R-BgO]

no news

[R-BgO]

[ 28/7/2009 ]
VioSolar Inc. Completes Purchase of an Operating Solar Company in Greece and Appointment of Vice-President; North American Business Development


ATHENS, Greece--(BUSINESS WIRE)--VioSolar Inc. (OTCBB-VIOSF; Frankfurt-SDE.F) announced today the closing of the purchase of eighty-five percent of the outstanding shares of Energeiaki E.P.E. of Tripoli, Greece.

“This acquisition opens the door for VioSolar into the photovoltaic marketplace in Greece.” stated Rick Walchuk , President and CEO. “Greece is an excellent market place for photovoltaics with its high insolation levels and feed-in-tariffs, coupled with the government grant incentive. We are extremely pleased with this acquisition and also with the progress we have made in the negotiations for other photovoltaic companies.”

The founder and majority shareholder of Energeiaki, Mr. Stavros Papastavrou will maintain a fifteen percent ownership of Energeiaki of which VioSolar Inc. will hold a right of first refusal. Mr. Papastavrou will be an important part of the company going forward, as his experience and knowledge of the photovoltaic market in Greece will be a valuable asset for VioSolar Inc.

VioSolar Inc. is also pleased to announce the appointment of Mr. Bill Kanatas, of Chicago, Illinois, as Vice-President; North American Business Development.

Mr. Kanatas, 44, attended Loyola University in Chicago, IL. Over the past 15 years, as a respected businessman and financier, he was responsible for co-founding over a dozen companies ranging from Bio-Tech to Real Estate.

For the past several years, Mr. Kanatas has focused on projects that are environmentally friendly and has been doing his part to help protect our environment. This led him to his current position as Founder and CEO of SolarVision based in Chicago.

Mr. Kanatas will bring an extensive background in management and capital procurement that will help VioSolar accelerate its growth in the solar marketplace.

VioSolar Inc. and SolarVision will work towards various joint ventures in the photovoltaic market in Greece.

“We are very pleased to have Bill Kanatas join our team and we look forward to working with his company, SolarVision, and his partners in order to expand our presence in the photovoltaic market in Greece.” said Rick Walchuk .

VioSolar Inc. is currently entertaining various funding opportunities in order to complete the ‘shovel-ready’ projects in our pipeline and expects to announce these in the very near future.

ABOUT ENERGEIAKI E.P.E.

Energeiaki E.P.E. is an operating photovoltaic solar company based in Tripoli, Greece. The company currently has one photovoltaic solar park of 100kw in operation. Energeiaki also has two other parks of 100kw each under construction and six other applications at various stages of government approval representing a total of 1.1 MW. Energeiaki has also made applications for various clients representing over 10MW of potential production.

[R-BgO]

aber kein SEC-Filing seit 17.3.2010