Global PoleTrusion Group Corp. Explores Business Opportunities in the Energy Sector in Jordan

Rhea-AI Summary

Global PoleTrusion Group Corp. (GPGC) is exploring new business opportunities in Jordan's energy sector, particularly focusing on distribution poles and telecommunication towers. The company aims to secure Power Purchase Agreements for solar and biomass projects, in response to a request from the local industry. President and CEO Ramiro Guerrero highlighted the company's technology as a key asset in entering the Jordanian market amidst ongoing plans to enhance the local electrical grid.

Positive

• GPGC is entering the growing Jordanian energy market, targeting solar and biomass projects.
• Potential for acquiring Power Purchase Agreements enhances future revenue opportunities.

Negative

• Dependence on the success of securing Power Purchase Agreements in a competitive market.
• Initial market entry poses risks without established local partnerships.

MIAMI, FL / ACCESSWIRE / May 9, 2022 / Global PoleTrusion Group Corp. (OTC PINK:GPGC). Following a request from the Jordanian energy sector, GPGC is exploring the use of distribution poles, transmission and telecommunication towers in its territory. GPGC trusts that its technology will put it in an excellent position to acquire Power Purchase Agreements for both solar and biomass projects which are currently required in Jordan.

"Our technology will allow GPGC to enter the local Jordanian market following its decision to expand its electrical source and distribution grid," said Ramiro Guerrero, President and CEO of Global PoleTrusion Group Corp.

About Global PoleTrusion Group Corp.

GPGC is an engineering firm that fulfills the needs of telecommunications and utility companies, providing composite poles, towers and renewable energy solutions. Their composite structures outperform their steel, wood and concrete counterparts as they are stronger, lighter, easier to install and environmentally safe. With its advanced engineering and manufacturing capabilities, GPGC is at the forefront of providing creative and effective solutions to address the needs of utility companies around the world.

To learn more about GPGC, visit www.globalpoletrusiongroup.com.

Contact:

info@poletrusion.com

Forward-Looking Statements

This news release contains « forward-looking statements », as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release that are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future.

SOURCE: Global Pole Trusion Group Corp.

View source version on accesswire.com:
https://www.accesswire.com/700152/Global-PoleTrusion-Group-Corp-Explores-Business-Opportunities-in-the-Energy-Sector-in-Jordan

FAQ

What is GPGC exploring in the Jordanian energy sector?

GPGC is exploring the use of distribution poles and telecommunication towers.

What projects is GPGC targeting in Jordan?

GPGC aims to secure Power Purchase Agreements for solar and biomass projects.

Who is the CEO of Global PoleTrusion Group Corp.?

Ramiro Guerrero is the President and CEO of GPGC.

What technology does GPGC offer?

GPGC provides composite poles and renewable energy solutions, which are stronger and environmentally safe.

What are the potential risks for GPGC in Jordan?

The company faces risks related to the competitive market and establishing local partnerships.