Global Clean Energy, Inc. Announces Development of a Renewable Energy Park in New York's Finger Lakes Region
September 24 2013 - 8:25AM
Marketwired
Global Clean Energy, Inc. (OTC PINK: GCEI) is pleased to announce
the signing of a comprehensive Letter of Intent with Seneca Bio
Energy of Romulus NY. The LOI is to develop an Anaerobic Digestion
Plant, Cellulose Gasification Plant and an Agricultural Plastics to
Fuel Plant all to be located within the Seneca AgBio Green Energy
Park.
Seneca BioEnergy has successful converted a sizable portion of
the former Seneca Army Depot into a Renewable Energy Park. The
development shall be located on a 55 acre site, including 400,000
square feet of warehouse and manufacturing facilities on site. The
Energy Park is to include multiple technologies capable of
converting agricultural feedstock into high value energy and to
beneficially recycle products for sales throughout the region.
SBE has invested over $6,000,000.00 for site acquisition and
necessary infrastructure upgrades commensurate with operating
multiple waste to energy facilities. SBE has feedstock
relationships with respect to the feedstock material necessary to
develop an anaerobic digestion (AD) plant as well as feedstock
relationships with local and regional farms to provide agricultural
plastics necessary to develop a plastic to fuels project (PTF).
The Seneca AgBio Green Energy Park project has been awarded a
$2,000,000 incentive from NYSERDA, for the production of
electricity. As well, NY State has awarded the site with a tax
exempt bonding package of $7,000,000 for capital purchases of
equipment and infrastructure.
"It has always been our goal to develop a Green Energy Park,"
said Earl Azimov, President of GCE. "We are fortunate to be able to
join forces with Seneca Bio Energy who have successfully acquired a
55-acre brownfield site, located at the former Seneca Army Deport,
and plan to develop it into a renewable product manufacturing and
green energy production facility that continues to create jobs,
while developing multiple new products, all based on our
R.E.S.C.U.E. Mission of Reforming Environmental Salvage into Clean
Usable Energy, throughout the Finger Lakes Region. GCE and SBE are
dedicated to manufacturing and processing at the Green Energy Park
in an environmentally-sustainable operation, while creating
valuable jobs in Seneca County, New York."
The Seneca AgBio Green Energy Park represents a "Distributive
Model" for waste inputs, on-site processing and shipment of final
products, from a centralized location, while being on an
operational manufacturing facility, already permitted as a Green
Energy Park. SBE has performed pilot testing of operations for
agricultural processing and biofuels production. GCE and SBE have
been working together to complete site plans and financing to
encompass the processing of regional supplies of agricultural
feedstocks, allowing all business units to gain synergies from
common infrastructure and utilities.
Statements in this release may be regarded, in certain
instances, as "forward-looking statements" pursuant to certain
sections of the Securities Act 1933 and the Securities Exchange Act
1934, respectively. "Forward-looking statements" are based on
expectations, estimates and projections at the time the statements
are made, and involve risks and uncertainties, which could cause
actual results or events to differ materially from those currently
anticipated, including, but not limited to delays, difficulties,
changed strategies, or unanticipated factors or circumstances
affecting GCE and its business. There can be no assurance that such
forward-looking statements will ever prove to be accurate and
readers should not place undue reliance on any such forward-looking
statements contained herein. GCE will not republish revised
forward-looking statements to reflect events or circumstances after
the date hereof to reflect the occurrence of unanticipated
events.
GLOBAL CLEAN ENERGY, INC. Investor Relations 713-852-7474
www.globalcleanenergy.net www.senecabioenergy.com
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