Pacific Green Technologies Inc. Appointment of Poyry Management Consulting to Manage Power Purchase Agreement Strategy
29 January 2014 - 1:15AM
Pacific Green Technologies Inc. ("the Company") (OTCQB:PGTK)
announces the appointment of Pöyry Management Consulting to manage
the Company's Power Purchase Agreement Strategy.
As part of its key objectives for Q1 2014, the company is
pleased to announce the appointment of Pöyry Management Consulting
to advise it on all aspects of its power purchase agreement ("PPA")
strategy. Pöyry's initial focus will be on Energy Park Sutton
Bridge but will also include other projects currently under review
on a worldwide basis.
Dr. Neil Carmichael, President of the Company, commented: "I am
delighted to announce the appointment of Pöyry as a cornerstone
adviser to the Company principally in relation to our PPA strategy.
With the decommissioning of coal fired power stations in the UK and
other regulatory forces at work, the wholesale electricity market
is fast changing. We believe that Pöyry's market knowledge and
excellent economic modelling skills will put us in the best
possible position in the coming months."
About Pöyry Management Consulting
Pöyry Management Consulting provides leading-edge consulting and
advisory services covering the whole value chain in energy, forest
and other process industries. Our energy practice is the leading
provider of strategic, commercial, regulatory and policy advice to
Europe's energy markets.
Our team of economists, policy analysts, regulatory experts and
market specialists bring many years of industry experience to bear
on clients' problems. Our core strength is the ability to combine
expert knowledge of the markets with first class quantitative
analysis to offer the highest quality commercial, economic,
strategic and policy advice in the rapidly changing energy
sector.
Pöyry is an international consulting and engineering company. We
serve clients globally across the energy and industrial sectors and
locally in our core markets. We deliver strategic advisory and
engineering services, underpinned by strong project implementation
capability and expertise. Our focus sectors are power generation,
transmission & distribution, forest industry, chemicals &
biorefining, mining & metals, transportation, water and real
estate sectors. Pöyry has an extensive local office network
employing about 6,500 experts.
For more information, visit the Company's website:
www.poyry.co.uk
About Pacific Green Technologies, Inc.
Pacific Green Technologies Inc. is dedicated to addressing the
world's need for cleaner and more sustainable energy. PGT is
divided into three divisions:
- the design, development, licensing and marketing of
numerous types of technologies designed to improve the
environment through clean energy use;
- the development of renewable power plants; and
- licensing its proprietary emission control technologies,
ENVI-Clean™ and ENVI-Pure™, to power stations worldwide.
For more information, visit the Company's website:
www.pacificgreentechnologies.com
CONTACT: Ali Lloyd, Principal Consultant
Poyry Management Consulting
T: +44 1865 812227
Neil Carmichael, President and Director
Pacific Green Technologies
T: +1 (408) 538-3373
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