New York, NY, September 27, 2011 --(PR.com
)-- Lauran Bonaparte, Managing Partner of Lauton & Foxton and Kizzy Kalu, Chairman and CEO of GEI have executed a representation agreement to introduce the firm to private lenders for the procurement of $49 million in capital.
“GEI’s proprietary patents will enable this firm to be in the forefront of renewable energy for developing countries such as Brazil, India and China. We are honored to be a part of their team,” states Lauran Bonaparte.
Global Energy Initiatives, LLC, (GEI) is an innovative company that engineers, manufactures, tests, and deploys high-precision, efficient, and reliable renewable energy through hydrokinetic and wave energy power generators that were developed as solutions for the 21st century energy crisis. As a world-class innovator, they own two patents in hydrokinetic and wave energy (Ocean Motion) converter systems that will change the way countries harvest their energy resources. Currently, operations are in developing countries, such as Brazil, where they are able to maintain a virtual monopoly in their markets through their exclusive government contacts. Their goal is to generate the essential energy that developing countries demand in a sustainable, profitable, and eco-friendly manner by unlocking new sources of energy.
Lauton & Foxton Capital Partners will act as the introducing facilitator for GEI to provide access to various private lending groups.
For further information on Lauton & Foxton and/or exploring a relationship with GEI, please contact:
Lauton & Foxton Capital Partners