GreenEnergy LTD.; Jakarta, Indonesia [Early Stage Company] — Mr. Jastrebski formed this company on behalf of Asian investors interested in bringing renewable, green energy to several developing communities in Southeast Asia. As interim CEO for this public-private company Mr. Jastrebski’s role was to act on behalf of the government of Indonesia to organize the company so that it became the local provider of clean energy solutions for city governments serving low to mid-level population densities, as are normally found in small sized economic zones associated with towns, districts, regional administrative areas, island groups and archipelagos, tribal areas, agricultural and farming regions, low density urbanized suburbs, and sparsely populated but growing provincial city centers. Mr. Jastrebski’s task was to develop the company to operate as an Indonesian government agency that could be appended to local city governments, to, in turn, help them develop lower cost renewable energy solutions for their citizenry. The company’s mission was and continues to be to provide the citizens of these regions with cost effective community scale electricity, refrigeration, heat, hot water, and energy resources, principally through the use of a combination of discreet, networked, regulated sources of renewable energy from solar to wind, thermal, sea current, and more.
In developing the program, Mr. Jastrebski planned each element such that every renewable energy power generation node, while designed to meet the needs of a specific family and/or community, will still be fully compatible with and able to be networked and grid connected, provincially and nationally, to existing power or utility systems. At present the program is being rolled out in Muko-Muko, Bali, Lampung, Madura, Maluku Utara (of Spice Islands fame), and Nuse Penida, all in Indonesia.
Based on these 6 programs Mr. Jastrebski has arranged for the governing entity to receive first round funding commitments in excess of $380 million from investment banking firms in Austral-Asia. These include the government of China’s CITIC, as well as several lesser sized investment houses in Hong Kong and Australia. Final funding is projected to exceed $2 billion once the renewable energy solution being developed is fully implemented.
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