Pan Global Corp. Commences Due Diligence on Potential 2nd Small-Hydro Plant Acquisition
16 Enero 2014 - 7:15AM
Marketwired
Pan Global Corp. Commences Due Diligence on Potential 2nd
Small-Hydro Plant Acquisition
CARSON CITY, NV--(Marketwired - Jan 16, 2014) - Pan Global,
Corp. (OTCQB: PGLO) (the "Company") today announces the
commencement of its due diligence investigation process for a
second potential small-hydro plant acquisition in northern India.
This small-hydro plant has a capacity of 9.5MW and is being
reviewed for the Company by Tractebel Engineering Pvt.
Ltd. (http://www.tractebel-engineering-gdfsuez.com/)
The Company expects Tractebel's engineering due diligence for
this project to be completed during the next few weeks, which, if
satisfactory, will be followed by legal and accounting due
diligence performed by the same teams that undertook this work for
the Company's currently underway staggered acquisition of a 5.7MW
small-hydro project in northern India.
Management commented, "The Company remains committed to building
a diverse portfolio of green energy projects. We continue to be
confident about completing our first small-hydro plant acquisition
and look forward to reviewing the due diligence reports and
considering this second power plant as a potential
acquisition."
About Pan Global,
Corp.
Pan Global, Corp., through its wholly-owned subsidiary, Pan Asia
Infratech, Corp., is focused on environmentally sustainable energy,
infrastructure and technologies. Our aim is to invest in green
energy technology and infrastructure to build an inclusive green
economy around the world.
For additional information, please visit: www.panglobalcorp.com,
the contents of which are not incorporated into this press
release.
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Contact: Pan Global, Corp. Investor Relations Phone:
877-999-7978 Email: PGLO@panglobalcorp.com
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