Blue Sphere CEO Releases Letter to Shareholders

Blue Sphere Corp. (OTCQB:BLSP) has released a letter from its CEO to shareholders, outlining the company’s accomplishments from last year and previewing its outline of plans for 2016.
According to the press release:

Blue Sphere ended 2015 with two principal projects in development in the United States and acquired four facilities in Italy. In the United States our North Carolina and Rhode Island biogas projects received financing, began construction and were nearing completion at the end of 2015. In Italy, the Company obtained the necessary financing and completed the acquisitions of four fully operating biogas facilities, each with long term power purchase agreements already in place.
As Blue Sphere advanced the 2015 projects toward their goals, the Company continued to realize the tremendous potential of the waste-to-energy business. With the goal of becoming a leader in the sector, the Company further realized the importance of developing a pipeline of additional projects in parallel with the development of existing projects. Consequently, we established three mission critical goals for the Company for 2016: (i) bringing the North Carolina and Rhode Island biogas projects to full operational status, (ii) further developing a pipeline of more lucrative projects in the waste-to-energy sector and (iii) completing one or more acquisitions of operating facilities prior to the end of calendar year 2016.

Click here to read the full press release.