OZZ Clean Energy Inc.

August 09, 2011 13:52 ET

OZZ Clean Energy Acquires Sunwave Gas

TORONTO, ONTARIO--(Marketwire - Aug. 9, 2011) - OZZ Clean Energy Inc., a leading developer and integrator of carbon-free solar power systems is pleased to announce the acquisition of Sunwave Gas Inc. ("Sunwave"). Sunwave, an independent provider of commercial/industrial natural gas and electricity, was founded by industry veterans Nino Silvestri and Steve Plummer. As part of the acquisition, Mr. Silvestri and Mr. Plummer will become President and EVP Operations respectively of OZZ Clean Energy's newly-formed Gas and Power division. With the addition of Sunwave, OZZ Clean Energy continues to execute on its strategy of building a diversified portfolio of low and no-carbon energy options for customers.

"Bringing Sunwave Gas into the OZZ Clean Energy family represents a tremendous opportunity to provide our customers with an even broader suite of products and services. I'm very pleased that Nino and Steve will be leading the Gas and Power division for us. They are proven leaders who have a track record of building strong, lasting, customer-centric businesses." said Mark Lewis, President and CEO of OZZ Clean Energy.

"Joining forces with OZZ Clean Energy was an easy decision for us" said Nino Silvestri, President of Sunwave Gas. "We share a common vision of building a unique platform that has the ability to deliver multiple low and no-carbon energy products and services to customers across North America, and OZZ Clean Energy is leading the way in this regard."

About OZZ Clean Energy Inc.

OZZ Clean Energy ("OCE") is a diversified provider of low and no-carbon energy solutions for customers ranging from residential homeowners through to large industrial and commercial enterprises throughout North America. OCE's Solar division, OZZ Solar, has the regulatory expertise, technical experience and access to over 400 installation staff to install, service and maintain rooftop solar projects, backed by 24/7/365 service support. OZZ Solar is currently developing projects for customers and property owners including Longo's, Morguard and many others. OCE's Gas & Power Division provides competitively priced natural gas and electricity to commercial, industrial and institutional customers. OZZ Clean Energy is headquartered in Concord, Ontario.

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