Guatemala, June 2, 2010 – World Energy Holdings (WEH) continues to expand its reach in the energy sector. WEH has now secured a commercial power license. This will enable WEH to purchase and supply power to both commercial and residential customers.
The latest acquisition by WEH is yet another example of the company’s desire to become a dominant force in the energy sector. It has already established World Energy Research (WER), an investment firm and World Energy Media (WEM), an energy news site. Both of these subsidiaries are becoming major players in their respective sectors. This latest acquisition would seem to be the next logical step for the company.
In addition to securing agreements from outside power companies, World Energy Water.Power.Gas (WEWPG http://www.wewpg.com) will also have the ability to generate power from its own projects. Sources suggest that this new utility company will be able to supply power to limiteless residential and commercial areas. With well over a billion dollars in active contracts including research and project development, it would be no surprise to see WEWPG become a leader in commercial power supply.