In Florida, Alliance BioEnergy Plus will merge privately held AMG Energy Solutions into wholly owned Company subsidiary AMG Renewables and to acquire all remaining outstanding ownership interest in AMG Energy Group. The merger plan will give the company 100% ownership of Group, which holds the exclusive license to the patented CTS technology in North America and Africa and owns 50% of Carbolosic, LLC, a company that holds the master license to the patented CTS technology.
Category: Fuels