DEERFIELD BEACH, FL, June 1, 2012 – Green States Energy, Inc. (GSE) announced that it has hired Joseph Duey as Chief Financial Officer. Mr. Duey previously served as Vice President and Controller at Power Partners MasTec, LLC where he successfully closed over $150M of solar projects in 2011.

GSE CEO Stephen Clevett said, “Joe’s unique combination of classical Finance and Accounting credentials and direct experience in project development and financing make him an ideal addition to our team.” Green States Energy recently acquired and placed into service a total of six solar PV plants totaling more than 5MW, and has another 100MW under active development

Mr. Duey said, “I am excited to join the team at Green States Energy. It’s a really great team, with a great plan and great projects – the kind of place you really want to be.”

Mr. Duey was also previously employed by Arthur Andersen in Chicago where he performed various audits including external, internal, and business process risk audits. Joe’s earlier experience includes serving as Controller and General Manager for the manufacturing company Allumination Filmworks, and in finance and operations roles with Fortune 500 manufacturing companies, Goodrich Corporation, and SPX Corporation. Joe is a graduate of Illinois Wesleyan University where he achieved a major in Accounting and a minor in Finance and Economics. He received his Masters of Business Administration from the University of Illinois in 1999. Joe also received certifications as a public accountant (CPA), financial manager (CFA), management accountant (CMA), and internal auditor (CIA).

 

About Green States Energy

Headquartered in Short Hills, New Jersey, Green States Energy, Inc. is an Independent Power Producer (IPP) that acquires, develops, and operates clean electric generating plants the Americas and Europe. The Company currently owns 12 operating solar PV power plants in the U.S. with a total capacity of 20MW, and over 100MW under development, which includes solar PV, biomass, and cogeneration/CHP projects.

Certain statements in this press release are “forward-looking statements" within the meaning of the “safe-harbor” provisions of the Private Securities Litigation Reform Act of 1995. Such statements involve known and unknown risks, uncertainties and other factors that could cause the actual results of the Company to differ materially from the results expressed or implied by such statements, including changes from anticipated levels of sales, future national or regional economic and competitive conditions, changes in relationships with customers, access to capital, difficulties in developing and marketing new products, marketing existing products, customer acceptance of existing and new products, the Company’s ability to complete additional acquisitions and other factors. Accordingly, although the Company believes that the expectations reflected in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. The Company has no obligation to update the forward-looking information contained in this presentation.


Contact:
Joseph Duey
Chief Financial Officer
P: (704) 519-6723
jduey@greenstatesenergy.com