Green Energy Live, www.greenenergylive.com – the revolutionary biofuel conversion technology developer committed to moving green tech forward as an economically sustainable and environmentally responsible solution set for agribusiness, livestock and waste management, reported today the updating of a Letter of Intent to acquire 100% of stock in Vermont’s top commercial electrical contracting services provider, Peck Electric.
President and CEO of GELV, Karen Clark, lavished praise upon the solidity and operational efficiency of Peck Electric, citing the multiple revenue streams to which Peck has access and noting initiatives taken by Peck to expand the operational profile into profitable clean energy.
Expansions into solar proficiencies this year by Peck underscore assistance to ElectroCell Technologies, Inc., where Peck is providing its expertise to help nurture the new “single phase” patented manure treatment technology to maturity for introduction into the North American market this past week.
Core electrical components of this groundbreaking ElectroCell system, which utilizes precision control over electrical current to treat manure (major reductions in pathogens, excess nutrients and odors), will be exclusively manufactured by Peck.
Demand for the system will surely fuel Peck’s bottom line as farmers seek to adopt this powerful solution for addressing regulatory compliance associated with livestock waste, which is one of the most significant water pollutants and which has come under increasingly heavy regulatory fire.
Indeed the ElectroCell technology even creates a productivity value-added dynamic, managing waste within environmentally responsible parameters while contributing to overall farm profitability – truly a watershed moment for the environmental profile of the livestock industry.
Clark noted the half decade of collaborative effort by Peck invested in the ElectroCell technology, as well as the new “single phase” system, and noted that Peck stands to reap rich rewards as the sole supplier of control panels for the machines.
Clark expressed great excitement over the synergistic competencies undertaken by Peck as they expand from a foundation of 40+ years of standard electrical contracting into the clean side of green technologies which address multiple concerns.
Clark concluded by referencing continued preparation with Peck for the acquisition, active discussions with funding sources that have expressed interest, and explained that a closing date for the transaction would follow the completion of such pre-acquisition activities.
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