TGI Enters into Agreement with EIB to Manage its Green Energy Developments
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TGI SOLAR POWER GROUP INC. (OTCMarkets: TSPG) ("TGI"), a diversified technology company, announced that it has entered into Agreement with Energy in the Bank (EIB) to manage TGI's green sustainable energy developments.
EIB (www.eibdevelop.com ) is in business to finance energy transactions that benefit both the investor and the off-taker, while simultaneously serving the environment by using proprietary financial models, private money and tax equity partners. EIB currently has backlog of over $10MM, and with additional anticipated funding can grow to $80 -$90 MM range, according to EIB management.
TGI management is pleased with solidifying of said agreement with EIB, it will allow TGI to proceed with its solar business and green sustainable energy developments.