Altenesol (Alternative Energy Solutions) said it has completed the stock swap and is now a subsidiary of IAHL.
Altenesol is an alternative energy company established in 2009 specializing in the Natural Gas (NG) sector with offices in Orlando, Florida and Medellin, Colombia.
IAHL is a holding company with subsidiary companies including; ALTENESOL, LLC in the USA, and ALTENESOL COLOMBIA S.A.S. in Colombia.
Nelson De La Nuez is the CEO and Chairman of the Board of Directors and has established business connections with some of the world’s largest natural gas and oil producers.
Altenesol is developing a first of its kind 180 Thousand Gallons per Day (GPD) Liquid Natural Gas (LNG) Plant in Colombia which is estimated to start construction by 2012.
A Front End Engineering and Design Study (FEED Study) is being conducted by a global leader in the Cryogenic industry for this project.
Altenesol has already pre-sold 100 percent of the LNG production from the plant with some of Colombia’s largest distributers.
“We are excited at the tremendous growth potential Colombia offers both our company and the value we can bring to our shareholders evidenced by the numerous projects we have slated to bring to the market ,” said Nelson De La Nuez.
[mappress] LNG World News Staff, March 16, 2012