Endura Energy Officially Opens Office in Panama and Is Pleased to Announce Eduardo Montagut Has Joined as Managing Director, Latin America

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Endura Energy is pleased to announce that it has officially launched its Latin American operations, regionally headquartered in Panama City, Panama. Joining to lead the Latin American operations as Managing Director is Eduardo Montagut.

Latin American countries are becoming viable and exciting solar markets driven by sustained population and GDP growth, high insolation levels, and the need for new and diversified energy supplies. Additionally, energy reform, new regulatory frameworks and tax incentives have been implemented in a number of Latin American and Caribbean countries fostering the growth of renewables, ranging from smaller net-metering to larger utility-scale projects.

“I am glad to join a growing company in a growing industry that has had great success in Canada and it is now looking to expand into the fastest growing solar market in the world. Latin America has shown fantastic potential in the last decade and the time for renewable development and investment is upon us. Opening Endura Energy’s Latin American headquarters in Panama illustrates the commitment and certainty Endura has in the success of solar in these markets” commented Eduardo Montagut.

Mr. Montagut brings to Endura Energy over 15 years in operations and sales experience in senior executive roles throughout Latin America. Most recently as Director of Strategy and Business Operations for the Latin American sales team at BlackBerry, he was responsible for translating the company's overall strategy to the needs of the Latin market and overseeing all sales operations activities for the region.

“Eduardo is a welcome addition to the Endura Energy team and we believe his technical expertise and broad range of experience in the region is highly complementary to our Latin American business practice,” said Cameron Steinman, President, Endura Energy. “We believe Panama is an ideal location which provides us with a launching ground into a number of other markets we are evaluating.”

About Endura Energy
Endura Energy designs, builds and consults on the development of medium and large scale solar energy systems. Since 2009, we have been responsible for advising on or implementing over 220 MW of solar photovoltaic (“PV”) systems. Endura Energy has developed a reputation for providing best-in-class services in all aspects of design and construction of PV systems. Endura Energy has established a successful track record of providing solutions to its clients in all stages of the solar PV project design-build lifecycle including: consulting and project management; engineering and design; turn-key construction; and development.

For further information, please visit Endura Energy’s web site at http://www.enduraenergy.ca or contact Robert van Duynhoven, Managing Director, at (416) 309-8720 or info(at)enduraenergy.ca.

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