SAN FRANCISCO, CA — (Marketwired), Jan. 13, 2016 – Blue Earth, Inc. (NASDAQ: BBLU), an alternative/renewable power generation solutions company, announced today that the Lenape II Solar project, a 4.732 MWdc photovoltaic (PV) generating facility located in Indianapolis, Indiana, has achieved commercial operation. Blue Earth Solar, Inc., a wholly-owned subsidiary of BBLU, provided the complete engineering, procurement and construction (EPC) services for the rooftop and carport PV project to the owner of the asset, NRG Solar DG LLC, a subsidiary of NRG Energy, Inc.The off taker for the project, Indianapolis Power & Light Company, granted permission to operate the solar array system in parallel with the utility’s network.
“The final completion of the Lenape II project is a great demonstration of our execution capability,” said Bob Powell, CEO of Blue Earth. “It is foundational as we not only were able to complete the project, but it also shows our ability to work with multiple partners to make Lenape II a great success.”
“We are delighted to bring this project to commercial operation,” added Ruben Fontes, President of Blue Earth Solar. “We are proud of our solar division’s efforts and the collaborative partnership displayed with the NRG team throughout the project.”
BBLU is engaged in the clean technology industry with a primary focus in alternative/renewable power generation sectors. We strive to participate in the global movement for a sustainable planet by offering products and services that will optimize energy use, reduce harmful environmental emissions and materially reduce energy costs to our customers. For more information about Blue Earth, Inc., please visitwww.blueearthinc.com.
Forward Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements other than statements of historical facts included in this press release are forward-looking statements. Words such as “believes,” “projects,” “anticipates,” “plans,” “expects,” “may,” “will,” “should,” “intends,” and similar expressions are intended to identify forward-looking statements. These statements relate to future events or to the Company’s future financial performance, and the engineering developments regarding the Company’s wholly owned subsidiary Blue Earth Solar, Inc. These forward-looking statements are based on the Company’s current beliefs and expectations, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. Investors should not place any undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond the Company’s control which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects the Company’s current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to operations, results of operations, growth strategy and liquidity. Such risks, uncertainties and other factors, which could impact the Company and the forward-looking statements contained herein are included in the Company’s filings with the Securities and Exchange Commission, including the Company’s Form 10-Ks, Form 10-Qs, Form 8-Ks, Proxy Statements and other filings. The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.
Investor Relations Contact:
Liviakis Financial Communications, Inc.
Source: Blue Earth, Inc.