SOURCE: CleanGoal Environmental

CleanGoal Environmental

August 05, 2009 10:00 ET

CleanGoal Environmental Contracted by Aqua Terra Power to Assist in Financing

Aqua Terra Set to Develop Select Geothermal Based Power Plants in British Columbia

WHISTLER, BC--(Marketwire - August 5, 2009) - CleanGoal Environmental LLC., a provider of services for emerging companies in the Clean Energy Industry, is pleased to announce that it has been contracted to assist in financing Aqua Terra Power Corporation, whose main objective is to produce and sell electricity generated from clean energy in British Columbia.

Aqua Terra Power Corporation is a private Canadian company that develops clean energy sources (wind, marine, solar and geothermal) into profitable power and utility sales.

The initial focus of Aqua Terra is to develop two significant geothermal resources in the Province of British Columbia. Aqua Terra has secured two of the three existing geothermal sites in the province of British Columbia.

Future areas of development may include solar and wind power technologies, and other opportunities that fit Aqua Terra's vision of acquiring and developing resources which are clean, renewable and profitable.

Patrick Smyth, CEO of CleanGoal, stated, "Geothermal energy is heat generated from chemical reactions below the earth's surface and is considered the ultimate renewable source of energy because it wastes less energy through conversion than either solar or wind power does."

Ken Lelek, President of CleanGoal, further commented, "There is no denying that we need to increase our electricity production capabilities as demand continues to rise. Globally, SRI has already become a multi-billion dollar industry, with very high growth potential which is attracting record investment. Over the last few years, eco-industries in the European Union, as an example, have grown to such an extent that they have now become a prominent force across the entire European economy. Today they represent about 2.1 per cent of its gross domestic product and account for 3.5 million jobs."

Companies that have been chosen by CleanGoal are particularly interested in the impacts of human activity on the natural ecosystems of our great planet, while promoting the symbiotic relationship that exists between business and the environment. The CleanGoal Environmental website was designed as a place for investors to go and get information on companies developing green technology that are eco-friendly, and that have the potential for generating profit for investors.

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