PGI Energy (PGIE) announced today that it has entered into a letter of intent (LOI) to acquire an electrical services company. The acquisition target has annual revenues of approx. $15 Million with significant growth opportunities.
“We are excited to have negotiated such a favorable transaction for our shareholders to add value and increase profit margins,” said Robert Gandy , PGI Energy’s Chief Investment Officer/Investment Banker.
PGI Energy, Inc.
2700 POST OAK BLVD Suite 1700
Houston, TX. 77056
Media & Investor Relations Contact:
José I. Colón, 832-900-1400
PGI Energy, Inc. is an energy holding company that focuses on acquiring proven oil and gas assets, producing refined green fuels and products, international consulting and business development.
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Full press release: PGI Energy Announces New $15 Mil. Annual Revenue Producing Acquisition Plan