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.