Mark Antonucci, co-founder and president of HAE, said: “We are very excited about partnering with Groupe Financier de l’Union and such a relationship, we believe, will give us the high profile opportunity to participate in addressing the needs and rebuilding of Haiti’s critical infrastructure.

“Our current and planned ‘green technology’ solutions for the development of sustained, reliable, cost-effective electrical power generation systems utilizing hydrokinetic energy are just what is needed to complement the worldwide efforts currently underway to bring Haiti forward into the 21st century. We look forward to our participation in this inspiring and ongoing humanitarian effort.”

Richard Sassine, chairman of GFU, said: “Introducing the technologies developed by HAE for clean power generation in Haiti should play an important role not only in meeting Haiti’s energy shortfalls, but also in introducing to the world energy market a natural, viable and affordable alternative energy source.”