SOURCE: Dixon, Perot & Champion, Inc.

May 18, 2010 10:36 ET

Dixon Perot & Champion, Inc. Partners With Solar Income Fund LP to Build World Class Renewable Energy Installations in Europe and North America

NEW YORK, NY--(Marketwire - May 18, 2010) - Dixon Perot & Champion, Inc. (PINKSHEETS: DXPCF) (FRANKFURT: AHM) partners with Solar Income Fund LP to build World Class Renewable Energy Installations in Europe and North America. 

Further to the launch of its Specialty Consumer Services Division in April 2010, Dixon Perot & Champion is focused on creating and maximizing shareholder value by diversifying and participating in the green power generation sector. "We have identified a number of world-class green energy projects that will provide our shareholders with the opportunity to generate stable income and capital appreciation," says Michael Morrow, Executive Vice-President, Specialty Consumer Services Division, at a press conference at the company's corporate head office in New York.

One of the strongest performing sectors of the global economy, despite the downturn of the past two years, is the renewable energy power generation sector. The selling of renewable energy into the utility grid, backed by government issued 20-year power purchase agreements, is stable, secure and offers strong growth potential.

"We are pleased to partner with Dixon Perot & Champion," says Paul Ghezzi, Managing Director of Solar Income Fund LP. "We have access to over 100 Megawatts of shovel ready solar photovoltaic projects, across Europe and North America, which qualify for 20-year power purchase agreements."

About Dixon, Perot & Champion, Inc.
Dixon, Perot & Champion, Inc. is a leader in delivering cutting edge, predictable and accretive earnings while providing its shareholders with quality investments in specialty consumables of significant value. The Company has diversified to tap into Renewable Energy Power Production with a goal to own world-class solar and wind projects across Europe and North America. Investing in renewable power generation assets, backed by Government incentives and power purchase agreements, is both safe and predictable and of high value and interest globally. Dixon Perot & Champion will partner with leading edge development partners in both the solar and wind sector. Not only will our shareholders benefit from the quality of the projects we participate in, they will simultaneously be part of a company that is making will a significant impact on reducing global CO2 emissions and building global green infrastructure.

About Solar Income Fund LP
Solar Income Fund LP provides investors with a unique opportunity to own secure and stable income generating investments in the Solar Photovoltaic ("solar PV") energy power generation sector. The solar energy power generation sector in Europe and North America is expected to generate returns of 13% to 15% in 2010. The Fund seeks to take advantage of the long term government-backed incentives, in the form of guaranteed energy feed-in tariffs and 20-year power purchase agreements.

Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements in this release that are forward-looking statements are based on current expectations and assumptions that are subject to known and unknown risks, uncertainties, or other factors which may cause actual results, performance, or achievements of the company to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. Actual results could differ materially because of factors such as the effect of general economic and market conditions, entry into markets with vigorous competition, market acceptance of new products and services, continued acceptance of existing products and services, technological shifts, and delays in product development and related product release schedules, any of which may cause revenues and income to fall short of anticipated levels. All information in this release is as of the date of this release. The company undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in the company's expectations.

Contact Information

  • Contact:
    Padma Shan
    Dixon, Perot and Champion, Inc.
    Investor Relations