First National Energy Reaches Commercialization Level - Revenue Generating Contract Signed With Large Industrial Complex

First National Energy (FNEC) is proud to announce that after having reached a final agreement as mentioned in news release of June 2019, a contract has now been signed for the installation of 2 FNEC turbines to be located on the roof of a major industrial complex in the Greater Toronto Area.   All power generated will be used to augment the electricity bills for the common area of the industrial complex.  The contract is for a period of 5 years, following successful installation, testing and connection to the electrical meter system at the complex.

This installation is a great deal for both parties, said Mr. Wanner of First National Energy.   While the customer is receiving green energy at wholesale prices and saves on their utility bill, we get  2 working installations that generate revenue and while having the ability to monitor new upgrades and performance data, crucial to First National’s commercialization strategy.

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About First National Energy:

First National Energy is dedicated to international research and evaluation of various wind turbine designs and technologies. The Company has since found and successfully acquired the perfect autonomous renewable energy solution for multiple critical and non-critical power applications. The technology has more than 23 years of proven reliability and performance, industry recognition awards, and hundreds of installations that continue to perform efficiently to date. After many years, this technology has evolved to become a completely fine tuned and state of the art solution chosen exclusively by military, national telecom corporations, large scale mining operations, municipalities to augment public utilities in remote areas and private users. To date, this technology has successfully produced in excess of 12,000 Megawatts of electrical power. The Company has also forged strategic and commercial relationships with large scale leading power generation contractors, engineering firms, producers, and industry experts in order to support future commercialization and of this technology suite which is now positioned for major deployment in USA, Canada, Europe and India.

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This news release contains statements that involve expectations, plans or intentions (such as those relating to future business or financial results, new features or services, or management strategies) and other factors discussed from time to time in the Company's OTC Market or Securities and Exchange Commission filings. These statements are forward-looking and are subject to risks and uncertainties, so actual results may vary materially. You can identify these forward-looking statements by words such as "may," "should," "expect," "anticipate," "believe," "estimate," "confident," "intend," "plan" and other similar expressions. Our actual results, such as the Company's ability to finance, complete and consolidate acquisition of IP, assets and operating companies, could differ materially from those anticipated in these forward-looking statements as a result of certain factors not within the control of the company such as a result of various factors, including future economic, competitive, regulatory, and market conditions. The company cautions readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made. The company disclaims any obligation subsequently to revise any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events.