TSX - NRG
OTCQX - ANRGF
CALGARY, March 8, 2012 /CNW/ - Alter NRG ("Alter NRG" or the "Company") is pleased to announce that Walter Howard has joined Alter NRG as the Chief Executive Officer ("CEO"). Mr Howard brings more than 30 years of global project development and specifically, renewable energy experience including waste-to-energy, wind and water projects. Within these industries Mr. Howard has successfully executed technology development and implementation; project development and execution; and project finance. Mr. Howard has held CEO, COO, CFO, and SVP executive positions with utility leaders including General Electric, American Water, US Generating (an affiliate of PG&E and Bechtel), Noble Environmental Power, J.Makowski Co. Inc., Ze-gen Inc. and Poseidon Resources. Mr. Howard holds BSCE and M. Eng. degrees from Cornell University, an MBA from Harvard Business School and has been a licensed Professional Engineer in the State of New York. Mr Howard will be working primarily out of the Calgary Head Office.
Kevin Bolin, Executive Chairman of Alter NRG believes that "Mr. Howard's joining Alter NRG as our CEO is clear testament to Alter NRG's leading position in the plasma gasification space. He will provide the leadership to further execute on the exciting international opportunities which we are currently pursuing. Mr. Howard is a recognized industry leader in the renewable energy field and his diverse skills sets are critical to support our customers as Alter NRG continues a more aggressive sales and marketing strategy of its industry leading Westinghouse Plasma Gasification technology. I am very pleased to welcome Walter as CEO of Alter NRG".
Mr Howard states that "I am very pleased to join Alter NRG as the CEO. The Company has the industry leading plasma gasification technology which offers a sustainable solution to both solid waste management as well as renewable energy generation. Having multiple reference facilities coupled with the recent announcement of a $22.4 million purchase order from a Fortune 500 customer puts Alter NRG in a strong position for future growth and adding shareholder value. I am excited to bring my experience in renewable energy infrastructure technology to Alter NRG to accelerate the adoption of this important technology."
ABOUT ALTER NRG
Alter NRG provides alternative energy solutions to meet the growing demand for environmentally responsible and economically viable energy in world markets. Alter NRG's objective is to accelerate the adoption of the Westinghouse Plasma Gasification Technology, through its wholly owned subsidiary, to provide renewable and clean energy solutions from a wide variety of feedstocks, and provide a wide variety of energy outputs - including liquid fuels like ethanol and diesel, electrical power, and syngas.
The Toronto Stock Exchange does not accept responsibility for the adequacy or accuracy of this release.
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