EWING, N.J., Aug. 2, 2018 /PRNewswire/ -- TGI SOLAR POWER GROUP INC. (OTCMarkets: TSPG) ("TGI"), a diversified technology company, today announced that it has entered into Agreement with Energy in the Bank (EIB) to manage TGI's green sustainable energy developments.
EIB (www.eibdevelop.com ) is in business to finance energy transactions that benefit both the investor and the off-taker, while simultaneously serving the environment by using proprietary financial models, private money and tax equity partners. EIB currently has backlog of over $10MM, and with additional anticipated funding can grow to $80 -$90 MM range, according to EIB management.
TGI management is pleased with solidifying of said agreement with EIB, it will allow TGI to proceed with its solar business and green sustainable energy developments.
About TGI Solar: TGI SOLAR POWER GROUP INC. is a diversified holding company. TGI's strategy is to acquire innovative and patented technologies, components, processes, designs and methods with commercial value that will give competitive market advantage and generate shareholder value.
Safe Harbor Statements under the Private Securities Litigation Reform Act of 1965: Those statements contained herein which are not historical are forward-looking statements, and as such, are subject to risks and uncertainties that could cause actual operating results to materially differ from those contained in the forward-looking statements. Such statements include, but are not limited to, certain delays that are beyond the company's control, with respect to market acceptance of new technologies, or product delays in the testing and evaluation of products, and other risks, as detailed in the company's periodic filings with the Securities and Exchange Commission.
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SOURCE TGI Solar Power Inc.