Global Energy Holdings Group Announces New Corporate Structure and Ticker Symbol on the New York Stock Exchange Alternext US
October 28 2008 - 8:00AM
Business Wire
Global Energy Holdings Group, Inc. (NYSE Alternext US: GNH),
formerly known as Xethanol Corporation, has begun trading under the
new ticker symbol GNH. Global Energy is an Atlanta-based
diversified renewable energy company with two subsidiaries, Global
Energy Systems and Global Energy Ventures. Global Energy Systems
develops renewable energy projects with a focus on biomass and
landfill-gas-to-energy. It also implements energy conservation and
alternative energy projects for commercial and governmental
organizations across the United States, including government
agencies and the U.S. military. Global Energy Ventures invests in
early stage, strategically relevant energy companies. �At Global
Energy Holdings, we recognize that there is no single solution to
our nation�s energy challenges,� said David Ames, President and CEO
of Global Energy Holdings Group. �We must take immediate steps to
lessen our dependence on fossil fuels by implementing mature
alternative energy and conservation technologies. It is equally
important we invest in a variety of emerging technologies to help
grow the sector and take advantage of our nation�s vast renewable
energy potential.� Global Energy Holdings Group recently
restructured its management team. This team has extensive
experience in developing companies in various sectors of the energy
markets. In addition, the company�s engineering staff has
significant expertise in biomass gasification, cogeneration, heat
recovery and energy conservation projects. Global Energy Holdings
Group previously traded on the AMEX under the name Xethanol
Corporation (AMEX: XNL). About Global Energy Holdings Group Global
Energy Holdings Group is a diversified renewable energy company
based in Atlanta, Georgia, with two subsidiaries. Global Energy
Systems develops renewable energy projects, including biomass
gasification and landfill-gas-to-energy projects. Global Energy
Systems also coordinates and implements energy-efficiency projects,
such as cogeneration and heat recovery, for organizations that
include government agencies and the U.S. military. Global Energy
Ventures invests in strategically relevant, early stage energy
companies. Global Energy Holdings Group provides tailored solutions
that capitalize on the nation�s need for diverse energy resources,
while investing in promising innovations to help power the future.
The company trades under the ticker symbol GNH on the NYSE
Alternext US (formerly the American Stock Exchange). For more
information about Global Energy Holdings Group, please visit its
Web site at http://www.gnhgroup.com.
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