Project Update for Solar Plant in Panama

North Randall, Ohio, May 1, 2018 – Global PoleTrusion Group Corp. (GPGC) previously announced that they have entered into an agreement with an electrical distribution company under contract to the government of Panama for the installation, maintenance, and operation of a 5 Megawatt (MW) solar plant in Los Santos Province, Panama.  

A new company has been formed with GPGC in Panama, Los Santos Energy Corp., and an Operation Permit has been obtained from the Ministry of Commerce and Industry.  They are now applying for provisional and definitive licenses from the government of Panama.  A Power Purchase Agreement (PPA) will be negotiated once the licenses have been obtained.  This is expected to be completed in the third quarter of 2018.

About Global PoleTrusion Group Corp.
Global PoleTrusion Group Corp. (GPGC) is an engineering firm that caters to the needs of utility companies, providing poles and towers that outperform their steel, wood and concrete counterparts.  They are stronger, lighter, easier to install, environmentally safer and longer lasting.  GPGC provides customized solutions for varying needs all over the world. 

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