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Ocean Thermal Energy Corporation Reports Plans to Acquire Synergistic Companies
Ocean Thermal Energy Corporation Reports Plans to Acquire Synergistic Companies.
About this update from Ocean Thermal Energy Corp.
[{"type":"text","content":"\n\n\n\nOcean Thermal Energy Corporation Reports Plans to Acquire Synergistic Companies\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nOcean Thermal Energy Corporation Reports Plans to Acquire Synergistic Companies\nPR Newswire\nLANCASTER, Pa., April 26, 2018\n\n\n\nLANCASTER, Pa., April 26, 2018 /PRNewswire/ -- Ocean Thermal Energy Corporation (OTCQB: CPWR) (\"OTE\" or \"the Company\"), a project developer for Ocean Thermal Energy Conversion (OTEC) renewable energy and water desalinization plants, is today providing an update on its plans to acquire synergistic international and US based companies.                \n\nOcean Thermal Energy Corporation, after six years of significant investment into OTEC research, the development of proprietary, trade secret technology, and the assembling of an exceptional management, engineering, and consulting team, is now positioned to accelerate the implementation of its OTEC technology for projects in the U.S., the Caribbean, the Asia Pacific region, and eventually worldwide.\n\nTo expedite its projects, the Company has engaged in meaningful discussions since the beginning of the year with its legal, accounting, and investment partners to acquire two established OTEC and SWAC engineering companies, Both companies are currently under review and consideration and have ongoing, revenue-producing contracts. These companies offer experienced technical teams and an infrastructure that will support and enhance OTE's US and International operations.\n\nThe Acquisition Strategy                                                     Concept plants in Hawaii and elsewhere have proven that OTEC technology works. Since then, several leading international engineering firms in the industry, including Ocean Thermal Ene...