Four Rivers (operating as Verta Energy) Appoints Leading UK Renewable Energy Experts

^{Published on 2011-01-18 05:35:28 - Market Wire}
 

Four Rivers (operating as Verta Energy) Appoints Leading UK Renewable Energy Experts

LONDON, Jan. 18 /PRNewswire/ - Four Rivers BioEnergy Inc. (OCTBB: FRBE & OTCQB: FRBE) today announced that it has entered into a professional advisory contract with TradeLink Solutions Ltd., a specialist in obtaining accreditation from the UK energy regulator to produce renewable energy.

TradeLink has had a working relationship with the UK energy regulator for many years. They have successfully obtained accreditation for over 450 renewable projects, including working on the approval processes for at least five Liquid Biomass Projects.

TradeLink also has acted as advisor and negotiator for a number of Power Purchase Agreements  in the renewable energy sector, as well as operating its own trading platform for Renewable Obligation Certificates  in the UK.

Stephen Padgett, Four Rivers Chief Executive Officer commented: "We are very pleased to have appointed TradeLink as our professional advisor. Having already announced the planning consent from the local authority to proceed with our Waste to Energy project at the end of 2010, we are now well poised to complete the remaining approval and permitting processes working with such highly experienced advisors."

Mr Padgett went on to say: "TradeLink's extensive commercial experience  will strengthen the ability of our team to negotiate very attractive deals for the sale of renewable electricity, through structured Power Purchase Agreements. Their experience in hedging out appropriate levels of risk in revenue streams such as Renewable Obligation Certificates, will also add significant value."

About Four Rivers BioEnergy Inc.

Four Rivers BioEnergy Inc. is focused on realizing the potential to produce and sell energy (in the form of electricity) from sustainable waste and renewable feedstocks. The Company operates under the trade name Verta Energy.  Our business model involves the vertical integration of the energy production cycle from feedstock procurement and processing through to electricity generation and sale, all within one business model and on integrated industrial sites.  The Company is presently in the final phases of completing its first Integrated Waste to Energy Plant on an industrial site in the UK which it acquired in 2009.

To find out more about Four Rivers BioEnergy Inc (OTCBB: FRBE), visit our website at [ http://www.riv4ers.com ].

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements are based on management's good faith views and expectations when made. Forward-looking statements are inherently subject to known and unknown risks and uncertainties which, in the case of the company, include raising adequate capital to continue operations, technology and product development uncertainties, competition, cost and availability of feedstock, and plant development and manufacturing scale up. Actual results may differ, perhaps materially, from those discussed in the forward-looking statements. The company discussed in this release is not obligated to update its forward-looking statements or comment on those differences. Readers are encouraged to refer to the recent public filings of the company to further ascertain the risks associated with the forward-looking statements. Readers are urged not to place undue reliance upon such statements.

SOURCE Verta Energy