Friday, 14 May 2010

BSX Approves Listing of the Ordinary Shares of GHG Energy Corporation

Hamilton, Bermuda: 6th May, 2010 – The Listing Committee of the Bermuda Stock Exchange (BSX) announced the approval of the listing of the Ordinary Shares of GHG Energy Corporation, (GHG) (the ”Company”). The listing is effective from 28th April, 2010.
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The Company was incorporated in Delaware, USA on 1st February 2010.

GHG was incorporated specifically as a Special Purpose Acquisition Vehicle to specialise in investments in low or zero carbon renewable energy technologies and related projects. Climate change is already a multi-billion dollar commercial sector and the United Nations has estimated that it will grow to $1.48 trillion by 2020. The Company intends to take advantage of this market opportunity by establishing or acquiring climate change products and services, or entering into alliances to provide such products or services, in six alternative or renewable energy investment sectors: Bio-Energy; Aquatic Energy; Energy Storage; Energy Saving; Wind Energy and Solar Energy.

Mr. Neil Cockle, Chief Executive Officer GHG, said: “I am delighted that GHG is now listed on the BSX; the Company will benefit from the international prestige and enhanced profile afforded by its BSX listing. Together with the finance raised, this will help us to make the acquisitions and partnerships that are central to the delivery of our business strategy. The management team intends to leverage these benefits in order to grow the Company’s activities over the coming months and years for the benefit of all stakeholders.”

BCB Securities Limited sponsored the listing of the Ordinary Shares of the Company.

“We are extremely pleased to have the opportunity to sponsor GHG Energy Corporation and look forward to continuing our relationship with the company," stated Randy Morris of BCB Securities Limited.




The issue is being introduced for listing under the Restricted Marketing provisions of the Exchange and is for securities that are aimed at Qualified Investors, being individuals or institutions that invest either a minimum of $100,000 or otherwise meet one of the suitability tests defined by the Exchange.

“The BSX is delighted to welcome the Ordinary Shares of GHG Energy Corporation to listing”, said Mr. James S. McKirdy, Chief Compliance Officer of the BSX.

For further information on GHG, please visit http://www.ghg-energy.com or contact Suzanna Hammond or Stephanie Charteris on +44 (0)20 7630 6633 or email: suzanna@green-energy-group.com or stephanie@green-energy-group.com.

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For more information on the Bermuda Stock Exchange (BSX), contact Bruce McMartin at 1-441-292-7212 or bmcmartin@bsx.com. Information is also available at www.bsx.com on Bloomberg at BSX .

The BSX was founded in 1971 and is the world’s leading fully electronic offshore securities market. The BSX list equities, mutual funds and bonds, as well as depository receipts. The BSX is a full member of the World Federation of Exchanges (WFE) and an affiliate member of IOSCO. In addition, the BSX is recognized by the U.S. Securities & Exchange Commission (SEC) as a Designated Offshore Securities Market under Regulation S, The Financial Services Authority in the UK as a Designated Investment Exchange, The Bermuda Monetary Authority as a Recognised Investment Exchange and an Approved Stock Exchange under Australia’s Foreign Investment Funds (FIF) taxation rules.