EL DORADO HILLS, Calif. - June 15, 2011 (Investorideas.com renewable energy/green newswire) - Investorideas.com cleantech stock news alert; Premier Power Renewable Energy, Inc. (OTCBB:PPRW), a global leader in the development, design, engineering, and construction of solar power systems for commercial, government, and utility markets globally, announced today that Genalta Power Inc, a Canadian-based, clean power generation company leading the way in waste energy to power applications, has made a $2.35 million strategic investment in Premier Power in exchange for 2,350,000 shares of preferred stock, priced at $1.00 per share, which are convertible to common shares at a conversion price of $1.00 per share.
- Published: 14 June 2011
- Written by Investor Ideas