"We are very excited for the Rhode Island facility to be entering into this phase of development especially with winter about to arrive in the northeastern United States. We have been working very hard with all of our partners including the Austep Group to see this facility take shape and we further look forward to the day when we see this amazing asset become fully operational." said Shlomi Palas, the Company's CEO.
About Austep, S.p.A.
Austep is a group of companies with twenty-one years of global engineering, procurement and construction (EPC) experience headquartered in Milan, Italy. Austep Group specializes in waste-to energy solutions with specific expertise in municipal and food waste, as well as water treatment solutions. Austep Group is offering the design, construction, implementation and operating of biogas facilities worldwide. Austep Group operates in ten countries and has built nearly two hundred and fifty facilities around the globe.
About Blue Sphere Corporation
Blue Sphere Corporation is a diversified independent power producer that develops, owns, and operates clean-tech, waste-to-energy facilities in the United States and abroad. The company primarily converts organic waste into electricity, but also has the ability to generate heat, natural gas and organic byproducts through various technologies.
Blue Sphere facilities eliminate waste that would normally be disposed in landfills, reduce greenhouse gas emissions and protect water quality, helping to solve important global environmental issues. Blue Sphere is headquartered in Charlotte, North Carolina and has operations in the United States and Europe. For further information about Blue Sphere, please visit the Company's website: www.bluespherecorporate.com.
This press release contains certain forward-looking statements (within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995), which are subject to risks and uncertainties and may change at any time. Because such statements include risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. These statements are only predictions and involve known and unknown risks, uncertainties and other factors including, without limitation, (i) uncertainties regarding general economic and market conditions, (ii) uncertainties regarding changes in the Clean tech sector, (iii) uncertainties regarding implementation of the Company's business strategy, and (iv) other risk factors as outlined in the Company's periodic reports, as filed with the U.S. Securities and Exchange Commission. As such, there is no assurance that the initiatives described in this press release will be successfully implemented or meet expectations. Forward-looking statements in this document speak only as of the date on which such statements were made, and we undertake no obligation to update any such statements that may become untrue because of subsequent events.
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SOURCE Blue Sphere Corporation