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Tuesday, March 24, 2009

Americas Waste to Energy, Corp. Announces Project Site in Toombs County, Georgia & Partnership with Freedom Renewable Energy Corp.

Americas Waste to Energy, Corp. Announces Project Site in Toombs County, Georgia & Partnership with Freedom Renewable Energy Corp. for Sites Throughout United States

(BUSINESS WIRE)--Americas Waste to Energy, Corp. (AW2E) announced yesterday that it will be deploying the first Biosphere Gasification System in Georgia at a project site in Toombs County. The agreement, made with the Toombs County Board of Commissioners, calls for a two phase construction plan that will include up to three Biosphere Gasification Systems. An Energy Purchase Agreement with Georgia Power Company was also executed in conjunction with this project which states that Georgia Power Company will purchase the 24 megawatts of renewable energy produced onsite. The Toombs County Project represents the creation of 30 new green collar jobs and approximately $34 million in new capital investment to the State of Georgia.

“This agreement marks the first step in a revolutionary approach for ‘waste to power’ production in Georgia and the world,” says Paul Hester, CEO of AW2E. “We are a privately funded corporation that is presenting a zero waste – zero cost solution to communities in Georgia and beyond.”

AW2E is a subsidiary of Freedom Renewable Energy Corp (FREC) with full marketing and deployment rights to the Biosphere Gasification System throughout the United States. FREC enjoys agreements with system manufacturer Global Environmental Energy Corporation (GEECF) for the sales and distribution of the Biosphere Gasification System and just finalized a partnership agreement with AW2E and their sister organization, Global Waste to Energy, Corp. (GW2E).

“An order and a deposit have been made on the first Biosphere Gasification System for the Toombs Project and we currently have private funding for 50 systems in Georgia alone,” states Ms. Noreen Griffin, CEO of FREC. “AW2E has identified at least 19 sites in Georgia that would represent the deployment of 73 Biospheres, create at least 730 new green collar jobs and generate approximately $803 million in new capital and 584 megawatts of renewable energy. In any type of economy, that is a tremendous investment! We are currently finalizing our nationwide and global marketing and deployment strategy.”

Via agreements with GEECF, FREC intends to market and deploy Biosphere Gasification Systems in communities around the world through its subsidiaries AW2E and GW2E.


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