DGAP-News: Alter Energy Group engages Ardour Capital as Investment Bankers
(firmenpresse) - DGAP-News: Alter Energy Group AG / Key word(s): Miscellaneous
Alter Energy Group engages Ardour Capital as Investment Bankers
04.11.2010 / 11:50
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Alter Energy Group engages Ardour Capital as Investment Bankers
Zurich Switzerland - November 1, 2010
ALTER ENERGY GROUP AG (AEG) (the Company) (Frankfurt Stock Exchange Ticker
Symbol: 39f; WKN A0MW07) announces the formal engagement of Ardour Capital
International GmbH (Ardour) as investment bankers to the Company.
Edward J. Klaeger IV, CEO of AEG explained, 'The formal engagement of
Ardour Capital is fundamental to the successful implementation of our
business model and growth strategy. Ardour provides a wide range of
services including research and analyst coverage, business plan development
and writing, capital formation and fund raising as well as market strategy
and execution. With offices in New York, London and Berlin, and a focus
solely on renewable energy, Ardour is the best possible strategic fit for
AEG and its Ukraine and other emerging market activities as well as our
planned expansion into established markets within the EU and North America.
We look forward to a long and successful relationship with the Ardour
team.'
Jonathan Treacher, Managing Director stated, 'We are impressed with AEG's
management team and their well thought through and developed roll-up
strategy covering multiple sectors of the alternative and renewable
energy markets. The tremendous progress AEG has made in its Ukrainian
emerging market strategy and project implementation provides a sound
platform for growth, both in Ukraine and the region. We also believe
diversifying into established markets such as EU and North America through
subsidiary companies provides a good hedge against risks in emerging
markets while also creating value through additional assets and revenue
streams. With a strong management team and sound business model focused on
fundamental growth, we see our strategic relationship with AEG as winning
combination and plan to support any investment or corporate needs AEG
requires for strategic success.'
About AEG: AEG is a Zurich-based publicly traded Swiss company, listed in
Germany, with operations in Ukraine. AEG is actively developing; acquiring
and making investments in Ukraine based renewable energy generation and
distribution projects and companies as well as diversifying into other
renewable energy emerging markets in the region as well as EU and North
America.
About Ardour: Ardour is a full service Investment Banking firm focused on
energy technology/alternative energy and clean power/renewable technologies
together with renewable energy projects development and finance.
For more information on AEG and Ardour please visit our websites:
www.alterenergygroup.com;
www.ardourcapital.com
Contact
Investor Relations:
Alter Energy Group AG
info(at)alterenergygroup.com
+41 44 500 5411
Forward-Looking Statements
Statements in this press release may constitute forward-looking statements
and are subject to numerous risks and uncertainties, including the
Company's current and future capital needs, any actions by the Company's
partners that may be adverse to the Company, the success of competitive
products, other economic factors affecting the Company and its markets, and
other risks. The actual results may differ materially from those containedin this press release. The Company disclaims any obligation to update any
statements in this press release.
End of Corporate News
04.11.2010 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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102462 04.11.2010
Datum: 04.11.2010 - 11:51 Uhr
Sprache: Deutsch
News-ID 32494
Anzahl Zeichen: 0
contact information:
Kategorie:
Business News
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