February 16, 2004

EBC signs MOU with Dutch biomass firm to advance bio-energy development in Canada

NIAGARA FALLS, ONT-Environmental Business Consultants and Biomass Technology Group (BTG) of the Netherlands last week signed a Memorandum of Understanding (MOU) for co-operation in developing the Canadian market for bio-energy. BTG and EBC will work together to introduce, promote and implement bio-energy in Canada. The partnership will focus on developing and financing bio-energy strategy studies, feasibility and pre-investment studies, pilot projects and construction of proven bio-energy plants. This agreement expands on an MOU between the Dutch and Canadian governments on the exchange of know-how and experiences related to renewable energy. EBC, based in Toronto, provides financial and management expertise, while BTG has worldwide experience and expertise in bio-energy. Last week's MOU was signed by James Sbrolla, president and director of EBC, and Rene Venendaal, managing director of BTG. The signing took place in Niagara Falls during a one-day workshop on Green Energy for Greenhouses and Other Applications, sponsored in part by Environment Canada and the Consulate General of the Netherlands. More information is available from James Sbrolla at EBC, 416/234-5120, Web site www.ebccanada.com, or RenĂˆ Venendaal at BTG, 31 6 2153 7266, Web site www.btgworld.com.
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