SOURCE: EastBridge Investment Group

EastBridge Investment Group

June 08, 2009 12:22 ET

EastBridge Investment Group's Client, Alpha Green Energy, Approved to Obtain License From Regulator to Start Biomass Power Generating Plant in China

PHOENIX, AZ--(Marketwire - June 8, 2009) - EastBridge Investment Group (EBIG) (OTCBB: EBIG) today announced that its client, Alpha Green Energy, a U.S. corporation, incorporated in Arizona by EBIG, has been approved to obtain a license from the Chinese Henan provincial government to operate a 50 Mega-Watt biomass power plant in Henan province. A biomass power plant requires a large amount of biomass wastes as feeds to its boilers, such as grass, corn and wheat stem by-products after harvest. These materials are abundant in Henan, a major grain producing region in China. Alpha Green Energy engages in environmentally safe energy projects. The company partners with the state-of-the-art power equipment manufacturers to produce low carbon emission electricity in China.

Alpha Green Energy and its recently purchased subsidiary, Fiber One, are undergoing a SEC audit and upon completion, will become a public company soon thereafter. EastBridge is a substantial shareholder in Alpha Green.

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Depending on the complexity and size of each project, EastBridge normally is compensated with anywhere from 10-25% stock ownership in the client company plus cash fees for the listing services provided.

EastBridge Investment Group focuses on high-growth companies in Asia, offering IPOs, Joint Ventures and Merchant Banking services. The Company targets industries in electronics, real estate, auto, metal, energy, environmental, bioscience and food retail distribution. To learn more about EastBridge Investment Group go to our web site: www.EbigCorp.com. To receive EBIG's email alert, send a blank email to info@EbigCorp.com.

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Contact Information

  • Contact:
    Norm Klein
    EastBridge Investment Group Corp.
    480-966-2020
    480-966-0808 (fax)
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    Investor Relations:
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    The Eversull Group, Inc.
    972-378-7917
    972-378-7981 (fax)
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