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DGAP-News: Former GE Chief Investment Officer Joins Rainmaker as Strategic Advisor
DGAP-News: Former GE Chief Investment Officer Joins Rainmaker as Strategic Advisor.
About this update from Rainmaker Worldwide Inc.
[{"type":"text","content":"\n\n\n\n\nDGAP-News: Rainmaker Worldwide Inc.\n\n\n / Key word(s): Miscellaneous\n\n\n\n\n\nFormer GE Chief Investment Officer Joins Rainmaker as Strategic Advisor \n\n\n\n\n\n\n23.01.2020 / 15:15 \n\n\n\nThe issuer is solely responsible for the content of this announcement.\n\n\nPeterborough, Ontario--(Newsfile Corp. - January 23, 2020) - Rainmaker Worldwide Inc. (OTC Pink: RAKR) announces the appointment of Webbs Hill Partners and its Managing Partner, former GE Chief Investment Officer Aris Kekedjian as Strategic Advisor effective January 22, 2020. Aris KekedjianTo view an enhanced version of this graphic, please visit:https://orders.newsfilecorp.com/files/6561/51744_24c7e142f48dba1e_002full.jpgMr. Kekedjian's expertise spans 30 years with General Electric Company where he most recently served as Chief Investment Officer. He has extensive experience building and operating international platforms across Europe and the Middle East and has executed M&A transactions with a combined value of over $300B. These include the $30B merger between GE Oil & Gas and Baker Hughes, one of the most comprehensive restructurings in the financial services industry. Kekedjian has led acquisitions in disruptive technologies in the Industrial Internet of Things (IIoT), 3D printing and life sciences. Specifically, Kekedjian recently orchestrated the $1.65B acquisition of LM Wind Power, the $3.25B sale of GE Distributed Power and the $3.4B acquisition of GE Water and Process Technologies by Suez Environment and Caisse de Dépôt et Placement du Québec (CDPQ). The appointment of Webbs Hill Partners comes on the heels of Rainmaker winning the EU Horizon 2020 Project grant worth $2.5M to develop a 100% renewable Water-to-Water solution in the Canary Islands. Rainmaker Worldwide Inc. has developed two cost-effective, mobile and scalable Water-as-a-Service (WaaS) systems using proprietary technology to extract fresh drinking water from the atmosphere or from salt and contaminated water using renewable energy sources. This 21st century flexible approach addresses humanity's water disparity challenges with sustainable solutions in a variety of complex scenarios. Mobile and Scalable Water-as-a-Service (WaaS) SystemTo view an enhanced version of this graphic, please visit:https://orders.newsfilecorp.com/files/6561/51744_24c7e142f48dba1e_003full.jpgMobil...