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$GEGR Gaensel Energy Group, Inc. (GEGR) Announces

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Posted On: 06/22/2022 11:12:12 AM
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Posted By: louied91
$GEGR Gaensel Energy Group, Inc. (GEGR) Announces Acquisition of Majority Control Partnership Interest In CONSORZIO GREEN SOLUTION & GNL

https://www.newsfilecorp.com/release/128600

Salt Lake City, Utah--(Newsfile Corp. - June 22, 2022) - Gaensel Energy Group, Inc., (OTC Pink: GEGR) ("Gaensel" or the "Company" , a diversified holding company, announces following corporate update.

Gaensel Energy is pleased to announce the completion of the acquisition of the controlling partnership interest in GEGR announce a strategic agreement and the acquisition of a control partnership shares of operating CONSORZIO GREEN SOLUTION & GNL, via Casalino 13 - 24121 Bergamo, Italy, for $9,000,000 USD.

The Green Solution & LNG Consortium was established in 2019. The partnership consists of a number of renewable energy companies who have combined their interests and currently has contracts for the next two years of over Two Hundred Million Euros, (€200,000,000).

The President of our Consortium, Giuseppe Pierfrancesco Mussumeci, Esquire, stated, "Thanks to the synergies with suppliers of quality products and collaborations with competent and respected professionals on the territory, as well as thanks to the opening of credit removal lines with some Italian Banking Groups, the Consortium has acquired an order book to be executed in the two-year period 2022 and 2023 for € 200,000,000 (Two Hundred Million) on which an average net margin of 15% is estimated. Our view to ensuring a high quality standard service, the Consortium has developed an agreement of collaboration with the well-known company Ernst & Young s.p.a . by virtue of this agreement, all the design phases of a condominium from pre-feasibility to SAL will be certified from a technical point of view and endorsed from a fiscal point of view by that structure."

Our President, Peter Koley stated, "As was reported this month, we are completing a number of energy related projects. The Green Solution & LNG Consortium acquisition and partnership provides a long term investment and opportunity for our shareholders to lead renewable energy solutions in Europe but also integrate our partners into the North and South America markets. The Company will be releasing additional information including the complete partnership list and projects of the Consortium."



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