Guatemala (Vocus) May 8, 2010
World Energy Research (WER) has been making significant moves in Central and South America as of late. They have made another major play by acquiring the feasibility studies for the Tacana Project. They are also at the signature stage for both the land and energy purchase rights for this project.
The Tacana Project land area lies in the heart of Central America. Residents of several cities use these water supplies, making it a strategic move for the provider. In addition, the completion of the watersheds will limit the threat of flooding. This creates value and beneficial change for the local communities.
The project will also feature hydroelectric technology, with minimal environmental impact. There are several projects up and running using the latest hydroelectric technology in Guatemala. This enables WER to have this project in operation much quicker, as they already have assets in place.
Now that the acquisition is complete, WER will not make this a public offering. This specific project has already been pre-funded; it is considered an exclusive investment opportunity. The private investors that partnered with WER have not yet been announced, but WER plans to release their names at a later date.
Early estimates of the project are at approximately $61 million over a defined timeline, to be released soon. By adding this to their portfolio, WER will significantly increase their asset base. It will be yet another impressive addition to their ever-growing renewable energy investment portfolio.
About World Energy Research
World Energy Research (WER) of Auckland, New Zealand is an energy investment firm that nurtures partnerships with governments and companies to seek out energy projects with the greatest potential for high returns and low environmental impact.
World Energy Holdings is the parent company of World Energy Research, World Energy Index, an exclusive alternative energy stock index, World Energy Bank, World Carbon Trading, World Trade Source, a new online trading platform, World Energy Capital OFC, an offshore banking company, and World Legal Source, a global investment and asset protection legal service.
About World Energy Media
World Energy Media is a subsidiary of World Energy Research (a World Energy Holdings Company) and has been created to fill a much needed void in the energy news sector. This media outlet is devoted to nothing but energy news and brings all of the latest news about energy under one umbrella. WEM will cover everything from the latest legislation to energy investments to reviews of new products.
Level 20 ASB Bank Centre
135 Albert Street
Auckland, 1010, New Zealand
Central/South America Headquarters
5th avenue 5-55
Zone 14 Floor #8
Euro Plaza World Business Center
Guatemala City, Guatemala