Sunex Energy: Grant Awarded to Solrwind by State of Illinois

  • Pressemitteilung der Firma SUNEX ENERGY CORP., 06.06.2012
Pressemitteilung vom: 06.06.2012 von der Firma SUNEX ENERGY CORP. aus

Kurzfassung: Sunex Energy: Grant Awarded to Solrwind by State of Illinois TORONTO, JUNE 6, 2012 SUNEX ENERGY CORP (SolRwind, is an emerging North American Energy service provider, had been advised earlier in the May that it will be awarded a grant in the ...

[SUNEX ENERGY CORP. - 06.06.2012] Sunex Energy: Grant Awarded to Solrwind by State of Illinois
TORONTO, JUNE 6, 2012

SUNEX ENERGY CORP (SolRwind, is an emerging North American Energy service provider, had been advised earlier in the May that it will be awarded a grant in the amount of $300,000 USD from the State of Illinois to assist its efforts in the Alternative Energy Industry.

This grant is in recognition for SolRwind’s efforts in the Solar Industry and more particular in response for its recent success in negotiating a Power Purchase Agreement for the Company’s first Solar Farm to be built in the State of Illinois. On May 21, 2012 Solrwind executed the documentation for the Grant and has forwarded it on to the State of Illinois for final signature and expects that it will be executed next week.

With the finalization of this Grant Solrwind now qualifies for a variety of Government incentives that will provide matching funds for its initial Solar Farm to be constructed in the State of Illinois in 2012. These incentives amount to nearly $2,000,000 in funding.

SUNEX ENERGY Corp. is a public Corporation formed for the purpose of becoming a North American Energy Service provider.

SUNEX ENERGY Corp. is a public Corporation formed for the purpose of becoming a North American Energy Service provider. The focus of the company is to address the energy needs of mid to small urban and rural applications utilizing Solar systems including Horizontal and vertical Axis wind turbines worldwide. Shares of Sunex Energy Corp are traded on the Open Market Segment of the Frankfurt Exchange. A public offering of Sunex Energy Corp shares was not made in connection with their inclusion on the Open Market Frankfurt.
www.sunex-energy.co

FORWARD –LOOKING STATEMENTS

This press release contains "FORWARD –LOOKING STATEMENTS” within the meaning of The Private Litigation Reform Act of 1995. Statements in this release are forward-looking statements based on current expectations and assumptions that are subject to known and unknown risks, uncertainties, or other factors which may cause actual results, performance, or achievements of the company to be materially different from any future results, performance, or achievements expressed or implied by such forward looking statements.

Actual results could differ materially because of the factors such as the effect of general economic and market conditions, entry into markets with vigorous competition, market acceptance of new products and services, continued acceptance of existing product and services, technological shifts, and delays in product development and related product release schedules, any of which may cause revenues and income to fall short of anticipated levels. All information in this release is as of the date of this release. The company undertakes no duty to update any forward –looking statement to conform the statement to the actual results or changes in the company’s expectation.


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