Marietta, GA. June 1, 2009 -- Verdant Energy Solutions, a “Bio-Coal” industry innovator, recently achieved distinction with the “Best Green/Alternative Energy Company” award out of over 40 companies participating in the “2009 (SPEC) Southeast Private Equity Conference” held in Atlanta, April 14-15, 2009. SPEC showcases emerging growth companies and exposure to venture capitalists, fund managers, and private equity investors representing over $560 Million in investment capital.
“This significant recognition from an organization of this stature validates our belief and principles in the need to help power plants find ways to reduce greenhouse gas emissions, and opens the door to future investment in our young enterprise,” said Chris Pollatos, President and CEO of Verdant. “We are honored to receive this meaningful award which inherently defines our company’s value proposition to assist electric companies in meeting stringent CO2 emission reduction targets cost-effectively while utilizing today’s existing energy infrastructure.”
Verdant Energy Solutions, headquartered in Marietta, Georgia, is a producer of 100% renewable, sustainable, clean-burning “Bio-Coal,” that has an equivalent heating value to coal, but is carbon-neutral which can mitigate environmental risks. For more information please visit: www.VerdantEnergySolutions.com.
"Bio-Coal" is a 100% renewable fuel alternative to fossil coal used for electric generating utilities world-wide; substantially reducing CO2 and other harmful greenhouse gas emissions when co-fired with traditional coal.
Legislatively mandated CO2 reductions have created a market need for bio-coal. With no technology currently existing to remove CO2 from smoke stacks switching to clean burning Bio-Coal, provides compatibility with today's existing energy infrastructure and the opportunity to meet tomorrow's increasingly stringent emission reduction targets in a cost-effective manner.
Verdant Energy Solutions is currently developing its Bio-Coal production capability in biomass-rich regions such as Brazil, to serve the growing need for a non-fossil fuel alternative that can be co-fired with coal, to achieve reductions in CO2 emissions.
Joe Randall
