Spark Power Announces Closing of the Sale of Bullfrog Power to Envest Corp. - Seite 2
Jason Moretto, President & CEO of Envest, commented on the transaction, "We are excited to welcome Bullfrog into our operations. The transaction will provide significant immediate benefits to all parties involved, and allow Spark Power, Bullfrog and Envest to achieve new goals and realize growth opportunities. We thank the Spark Power leadership for an efficient and organized transactional process."
Spark Power and Envest will work closely together over the next 90 days to facilitate a seamless transition of the Bullfrog business, with a focus on ensuring continuity for both the customers and the employees of Bullfrog.
About Spark Power Group Inc.
Spark Power, a wholly owned subsidiary of Spark Power Group Inc. (TSX:SPG), is a leading independent provider of end-to-end electrical contracting, operations and maintenance services, and energy sustainability solutions to the industrial, commercial, utility, and renewable asset markets in North America. We work to earn the right to be our customers' Trusted Partner in Power™. Our highly skilled and dedicated people, located in the communities we serve, combined with our knowledge of the power industry, technology expertise, and commitment to safety, ensures we deliver the right solutions that keep our customers' operations up and running today and better equipped for tomorrow. Learn more at www.sparkpowercorp.com.
About Envest Corp.
Envest Corp. is an independent energy producer delivering private utility and recycling solutions to industry and government. Envest finances, builds, owns and operates turnkey clean energy systems tailored to customers' objectives in mission critical environments. Envest's mission is to create safe, sustainable, reliable and cost-competitive infrastructure to produce clean forms of energy through resource recovery and other carbon emission reduction strategies. Envest uses renewable and natural resources to provide clean distributed energy and bioenergy infrastructure. Learn more at www.envestcorp.com
Forward-Looking Statements
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This news release may contain forward-looking statements (within the meaning of applicable securities laws) which reflect Spark Power's current expectations regarding future events. Forward-looking statements are identified by words such as "believe", "anticipate", "project", "expect", "intend", "plan", "will", "may", and other similar expressions. The forward-looking statements in this press release include statements by Messr. Jackson with respect to the Company's future liquidity and growth and opportunities for Spark to work with Bullfrog. The forward-looking statements in this news release are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Several factors could cause actual results to differ materially from the results discussed in the forward-looking statements. Such factors include, among others: currency fluctuations; disruptions or changes in the credit or security markets; results of operations; and general developments, market and industry conditions, and those risks disclosed in the Company's annual information form for the year ended December 31, 2021 available on the Company's profile at www.sedar.com. Readers, therefore, should not place undue reliance on any such forward-looking statements. Further, these forward-looking statements are made as of the date of this news release and, except as expressly required by applicable law, Spark Power assumes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.