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Green Earth Africa Demerges From Z R Energies


Port Louis, Mauritius 28th June 2011 Nick Havercroft, founder and president of Green Earth Africa announced today the demerger of Green Earth Africa from Z R Energies/Good Earth Power.

In a brief statement, Havercroft advised that though the shareholders of Green Earth Africa will maintain a substantial shareholding in Z R Energies in their individual capacities and will continue to work with and alongside Z R Energies, but due to the enormous wave if interest currently being experienced by Green Earth Africa and their environmental business and investment opportunities, Havercroft felt it was paramount to take advantage of this interest and refocus his energies into Green Earth Africa. He will continue to offer his help and advice to Z R Energies on a part time basis.

Havercroft was quoted as saying. Z R Energies has a very capable founder and CEO, Jason Rosamond, who has an extraordinary amount of energy and a fantastic team around him and with the enormous amount of opportunities currently available in the renewable energy and environment sector throughout Africa, it is far more advantageous to the economies and communities of developing countries for myself and Jason to head up both Green Earth Africa and Z R Energies independently. Rather than combine our skills and energy through one entity, It will be far more advantageous and effective to develop the markets and opportunities in the various targeted sectors through both companies .This will invariably lead to greater investment into these economies and communities, whilst at the same time promoting job and wealth creation , poverty alleviation and the development of the renewable energy sector.


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