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Resource Group International Inc.: Resource Group International, Inc. Has Signed an Agreement to Develop Several Wind Energy Pr


//stocks-investing.news-articles.net/content/200 .. agreement-to-develop-several-wind-energy-pr.html
Published in Stocks and Investing on Wednesday, June 17th 2009 at 4:11 GMT, Last Modified on 2009-06-17 04:12:41 by Market Wire   Print publication without navigation


PRAEKASA MUENG, THAILAND--(Marketwire - June 17, 2009) - Resource Group International, Inc. (PINKSHEETS: [ RSGR ]), today announced that the Company has signed an agreement to develop several wind energy projects in South America beginning with Chile.

Resource Group is partnering with ANPL G.P., through its Chilean subsidiary ANPL Latin America Limited, and has signed a "beneficial" agreement to construct several wind farms for a total capacity of 850 MW.

At first, they plan to install seven wind farms, each with a capacity of between 60 and 150 MW.

It was also established that each of these farms, once operational, will provide its production to the Interconnected System of Norte Grande (SING) and the Central Interconnected System (SIC) of the country.

This agreement enables Resource Group to have exclusive access to projects that ANPL is currently developing, while allowing the company to acquire them, once they obtain the permits from the Chilean authorities.

Thus, Resource Group begins to make a strong and true presence in Latin American markets, and specifically in the area of wind energy production in the region.

"Green energy is a focus of Resource Group and looking for opportunities around the world has been our goal since the company was established," Gregory J. Curry, CEO and President of Resource Group, commented. "Developing partnerships with established companies in regions around the world enables Resource Group to leverage its ability to participate in these opportunities. The future is green and the future is bright for the Company. We are very proud of our ability to identify and capitalize on this growing sector and we are continuously looking for opportunities around the globe."

About Resource Group International, Inc.

Resource Group International is a multi-faceted corporation that is developing businesses in the energy, power and food sectors around the world. Resource Group specialized in the research, discovery, development and commercialization of proprietary technologies that will enhance the production and efficiency of business in the energy and food sectors. Resource Group's goal and vision is to become a major player and the world's leading developer of breakthrough products in the energy, power and food businesses.

Forward-Looking Statements

Please be advised that statements made herein, other than historical data, constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, potential volatility in the company's stock price, increased competition, customer acceptance of new products and services offered by the company, and uncertainty of future revenue and profitability and fluctuations in its quarterly operating results. Please also be advised that the company's stock is not currently registered with the Securities and Exchange Commission.


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