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  • Pan Global, Corp. (PGLO) Accepts Preliminary Due Diligence Report For Potential Acquisition Of Second Hydro Plant In India 0 comments
    Feb 11, 2014 10:37 AM | about stocks: PGLO

    Pan Global, focused on environmentally sustainable energy, infrastructure, and technologies, announced that it has recently received and accepted the preliminary engineering due diligence report for a second potential acquisition of a small-hydro plant in northern India.

    This plant has a capacity of 9.5MW and the report was prepared for the company by Tractebel Engineering Pvt. Ltd.

    "We remain confident that we will successfully complete our first small-hydro plant acquisition, and we continually seek opportunities to reach our goal of creating a portfolio of green energy projects. The results of this preliminary engineering report by Tractebel encourage us to continue the process of reviewing this second small-hydro plant as a potential acquisition," the company stated in the news release.

    Pan Global said it expects to receive the final Tractebel engineering due diligence report for this project shortly. If found satisfactory by Pan Global, the final report will be followed by legal and accounting due diligence performed by the same teams that undertook this work for the company's currently underway staggered acquisition of a 5.7MW small-hydro project in northern India.

    For additional information, please visit: panglobalcorp.com

    QualityStocks provides investor relations services to publicly traded companies in exchange for compensation. This article may be part of our efforts to widen a client's exposure. To read our full disclaimer, visit http://disclaimer.qualitystocks.net

    Stocks: PGLO
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