Press Releases

Global Energy Holdings Group, Inc. Announces Resignation of Chief Financial Officer

May 18, 2009 02:28 PM Eastern Daylight Time

ATLANTA--(BUSINESS WIRE)--Global Energy Holdings Group, Inc. (NYSE AMEX: GNH), a diversified renewable energy company, today announced that Mr. David R. Ames has resigned as Chief Executive Officer of the Company. Mr. Ames will continue to serve as a director of the Company.

The Company also announced today that it has hired Mr. Jimmy L. Bobo to fill the position of Chief Executive Officer and has appointed him to the Company’s Board of Directors. The Company appointed Mr. Michael Ellis as its Chief Operating Officer. Mr. Ellis will continue to serve as Executive Vice President of the Company and President of the Company’s wholly owned subsidiary, Global Energy Systems, Inc.

Mr. Bobo is co-founder, owner and operator of Wood-Tech, LLC and affiliated entities, which operate a wood fuel and landscape materials processing business in Cherokee County, Georgia. The WoodTech companies have the capacity to produce over 900,000 tons of biomass annually, and are developing a biomass recycling center that, upon completion, will have the capacity to produce annually over 1,225,000 tons of biomass products, including mulch, wood chips, potting soil, landscape bedding material and wood fuel.

Mr. Bobo brings to the Company extensive expertise in the wood-based biomass industry, which provides a strategic fit to the Company’s new focus in the renewable energy business and will prove valuable to the Company’s efforts to develop profitable and sustainable biomass energy projects such as wood-waste biomass gasification energy projects.

About Global Energy Holding Group

Global Energy Holdings Group is a diversified renewable energy company based in Atlanta, Georgia. Global Energy Holdings Group develops renewable energy projects, including biomass gasification and landfill-gas-to-energy projects. Global Energy Holdings Group also coordinates and implements energy-efficiency projects, such as cogeneration and heat recovery, for organizations that include government agencies and the U.S. military. Global Energy Holdings Group provides tailored solutions that capitalize on the nation’s need for diverse energy resources, while investing in promising innovations to help power the future. The company trades under the ticker symbol GNH on the NYSE Amex Exchange (formerly the American Stock Exchange). For more information about Global Energy Holdings Group, please visit its website at http://www.gnhgroup.com.

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Global Energy Holdings Group, Inc. Announces Resignation of Chief Financial Officer

April 27, 2009 05:19 PM Eastern Daylight Time

ATLANTA--(BUSINESS WIRE)--Global Energy Holdings Group, Inc. (NYSE AMEX: GNH), a diversified renewable energy company, today announced that Dr. Rom Papadopoulos is no longer employed by the Company as its Chief Financial Officer, Chief Operating Officer, Executive Vice President and Secretary, effective immediately. Steven Paulik, the Company’s Executive Vice President of Finance, will assume the responsibilities of Chief Financial Officer on an interim basis.

About Global Energy Holding Group

Global Energy Holdings Group is a diversified renewable energy company based in Atlanta, Georgia. Global Energy Holdings Group develops renewable energy projects, including biomass gasification and landfill-gas-to-energy projects. Global Energy Holdings Group also coordinates and implements energy-efficiency projects, such as cogeneration and heat recovery, for organizations that include government agencies and the U.S. military. Global Energy Holdings Group provides tailored solutions that capitalize on the nation’s need for diverse energy resources, while investing in promising innovations to help power the future. The company trades under the ticker symbol GNH on the NYSE Amex Exchange (formerly the American Stock Exchange). For more information about Global Energy Holdings Group, please visit its website at http://www.gnhgroup.com.

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Global Energy Systems Consummates Georgia Landfill

Gas Purchasing Agreement with Republic Services

Hickory Ridge Landfill Gas to be Processed Into Saleable Energy Product

Atlanta, GA February 6, 2009 - Global Energy Systems, a subsidiary of the diversified renewable energy company Global Energy Holdings Group, Inc. (NYSE Alternext US:GNH), today announced it has acquired the right to purchase landfill gas from Republic Services, Inc. (NYSE: RSG), the owner and operator of the Hickory Ridge landfill in Conley, Georgia.  Global Energy will process the landfill gas to convert it into a saleable energy product. Global Energy paid Republic a total of $3,350,000 for the landfill gas purchase rights and will pay Republic a royalty based on revenues collected from the sale of the processed gas.

Methane, a greenhouse gas that is produced naturally during the decomposition of landfill waste, is 23 times more potent than carbon dioxide.  Often, this landfill gas is isolated and flared to prevent its release into the atmosphere.  Rather than flaring the methane from Hickory Ridge, Global Energy will construct a pipeline to transport this gas to its gas conditioning facility.  Global Energy will then process the landfill gas into an energy product that may be sold for a variety of uses.

"Republic is very excited to add this project to our portfolio of 80+  landfill gas- to-energy projects.  It complements our operations in the Atlanta area and the services and relationships we have with our customers there, and furthers our goals of contributing to energy independence, sustainability and environmental stewardship"  says Bill Held, Senior Director of Renewable Energy for Republic.

Landfill gas is recognized as a source of renewable energy by a number of State renewable portfolio standards and the U.S. Environmental Protection Agency (EPA).  The U.S. EPA's Landfill Methane Outreach Program (LMOP) has identified 23 landfills in the state of Georgia that are promising candidates for landfill gas to energy (LFGTE) systems. 

"Global Energy intends to work with a number of waste service providers to develop LFGTE projects at landfills across the Southeast United States," said Mike Ellis, President of Global Energy Systems.  "Global Energy's expert staff including our management team and engineers will help us develop the Southeast's energy potential."

About Republic Services, Inc.

Republic Services, Inc. is a leading provider of services in the domestic, non-hazardous solid waste industry. It provides non-hazardous solid waste collection services for commercial, industrial, municipal, and residential customers through 427 collection companies in 40 states. It also owns or operates 255 transfer stations, 219 solid waste landfills and 86 recycling facilities. Republic serves millions of residential customers under contracts with more than 3,000 municipalities for waste collection and residential services. It also serves commercial customers throughout its expansive service area. For more information, visit the Republic Services web site at www.republicservices.com.

About Global Energy Holdings Group

Global Energy Holdings Group is a diversified renewable energy company based in Atlanta, Georgia, with two subsidiaries.  Global Energy Systems develops renewable energy projects, including biomass gasification and landfill-gas-to-energy projects.  Global Energy Systems also coordinates and implements energy-efficiency projects, such as cogeneration and heat recovery, for organizations that include government agencies and the U.S. military.  Global Energy Holdings Group provides tailored solutions that capitalize on the nation's need for diverse energy resources, while investing in promising innovations to help power the future.  The company trades under the ticker symbol GNH on the NYSE Alternext US (formerly the American Stock Exchange).  For more information about Global Energy Holdings Group, please visit its Web site at http://www.gnhgroup.com.

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Global Energy Systems to Acquire WoodTech, LLC, and Affiliated Entities

Georgia Facility to Recycle Wood Waste and Generate Energy from Waste Biomass

ATLANTA, Feb. 5 /PRNewswire-FirstCall/ -- Global Energy Systems, a subsidiary of the diversified renewable energy company, Global Energy Holdings Group, Inc. (NYSE: GNH) , announced the execution of a definitive agreement to acquire Cherokee County, GA based wood fuel and landscape materials processor, WoodTech, LLC, and affiliated entities. Closing of the transaction is expected to occur in mid-February, 2009.

"We are excited about our affiliation with Global Energy," says Jimmy Bobo of WoodTech, who with his brother, David, has spent the last ten years building the biomass fuel and landscape materials business. "We have been looking for the right company with the right people and expertise to partner with us to develop our business into a state-of-the-art, world-class biomass business - we found that partner in Global Energy."

Currently, the Canton-based company has equipment capacity in operation to produce over 900,000 tons of biomass per year and has the planned expansion in Ball Ground, GA to be completed later this year. At completion, the facility will result in one of Georgia's largest independent wood biomass products producers with capacity to produce over 1,225,000 tons of biomass products per year. The facility will have the flexibility to produce multiple products including mulch, wood chips, potting soil, bedding material and wood fuel, depending on market demands.

Adjacent to the biomass recycling center, Global Energy plans to install a wood waste gasifier capable of converting up to 20% of the facility's biomass into syngas. This syngas will be used to fuel a steam boiler that will power a steam turbine generator. Fully operational, the biomass power plant will generate approximately 20MW of "green" electricity for sale to a local utility. Global Energy expects that the facility will generate enough electricity to supply approximately 12,000 households and will add approximately 100 new jobs to the Cherokee County economy.

"We believe that Georgia is well-situated to be a leader in the bio-fuel industry," said Mike Ellis, President of Global Energy Systems. "We are in the bio-fuel business for the long haul. This acquisition will make us a major player in Georgia's quickly developing bio-fuel industry and we intend to grow from here."

"Our nation is increasingly embracing the necessity of changing the way we process our waste and generate energy," said David Ames, CEO of Global Energy Holdings Group. "Through the development of localized recycling and energy projects, like the Cherokee County Georgia project, Global Energy will help communities responsibly manage their waste and reduce our nation's reliance on fossil fuels."

The Cherokee County facility will also serve an educational function for local school systems. Global Energy will work with local schools using the facility to educate youth on the benefits of renewable energy and how locally-available, abundant waste materials can be recycled to create usable products on a sustainable basis.

About Global Energy Holding Group

Global Energy Holdings Group is a diversified renewable energy company based in Atlanta, Georgia. Its subsidiary, Global Energy Systems, develops renewable energy projects including biomass gasification and landfill-gas-to-energy projects. Global Energy Systems also coordinates and implements energy-efficiency projects, such as cogeneration and heat recovery, for organizations that include government agencies and the U.S. military. Global Energy Holdings Group provides tailored solutions that capitalize on the nation's need for diverse energy resources, while investing in promising innovations to help power the future. The company trades under the ticker symbol GNH on the NYSE Alternext US (formerly the American Stock Exchange). For more information about Global Energy Holdings Group, please visit its Web site at http://www.gnhgroup.com.

Forward Looking Statements:

Some of the statements made in this press release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Although the company believes the expectations reflected in the forward-looking statements are based on reasonable assumptions, the company's actual results could differ materially from those anticipated in the forward-looking statements. For information about risks and uncertainties the company faces, please see the sections entitled "Risk Factors" in the company's most recent annual report on Form 10-K and quarterly report on Form 10-Q as filed with the SEC The company cautions investors that any forward-looking statements made by the company are not necessarily indicative of future results. The company is not responsible for updating the information contained in this press release or for changes made to this document by wire services or internet services.

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Global Energy Systems Signs Agreement with Florida County for Landfill Gas Project

Friday January 30, 3:35 pm ET

Charlotte County Zemel Road Landfill Gas to Energy Project

ATLANTA, Jan. 30 /PRNewswire-FirstCall/ -- Global Energy Systems, a subsidiary of the diversified renewable energy company Global Energy Holdings Group, Inc. (NYSE Alternext US: GNH), today announced it has signed an agreement with Charlotte County, Florida for the development of a landfill gas sequestration and energy facility at the Charlotte County Zemel Road landfill.

Located 2 hours south of Tampa, the Zemel Road landfill generates methane, a natural gas, created from the decomposition of its waste. Methane, however, is a greenhouse gas 23 times more potent that carbon dioxide. Typically, this landfill gas is flared to prevent its escape into the atmosphere. Instead of flaring the gas, Global Energy will construct and operate a landfill gas collection system and onsite energy plant for local electricity production.

Under the terms of the agreement Global Energy Systems purchased all the rights for landfill gas generated at the Charlotte County, Florida Zemel Road landfill from North American Natural Resources-Southeast, LLC. And with the purchase, Global Energy Systems has the exclusive right to construct and operate a landfill gas to electricity project at the Zemel Road landfill.

Global Energy Systems expects to make a $6,000,000 investment at the landfill for infrastructure and power generation equipment. "The landfill will provide enough gas to generate enough electricity to power 1,500 homes in Charlotte County every year. This proactive approach to carbon dioxide emissions reductions has the equivalent benefit of removing 17,000 vehicles from our roadways," says Charlie Wall, Chief Operating Officer of Global Energy Systems.

The U.S. Environmental Protection Agency's New Source Performance Standards (NSPS) limits the maximum level of pollution that a stationary source may produce. Based on its greenhouse gas emissions, the Zemel Road landfill has not reached this level and, therefore, does not require mandatory gas collection. However, by implementing this landfill gas project, Charlotte County and Global Energy are working together to voluntarily curb the landfill's emissions. "This renewable energy project is not only good for the environment but will generate potentially $1,000,000 in annual revenues for Charlotte County, a win-win situation for Global Energy, Charlotte County and Mother Earth," says Roger Lescrynski, Project Manager, Charlotte County Environmental & Extension Services.

"Our nation has a vast supply of untapped waste resources for energy production," says Don White, Vice President of Sales and Business Development of Global Energy Systems. "By developing our landfill gas infrastructure, we can prevent the escape of a harmful greenhouse gases and reduce our dependency on traditional fossil fuels by generation of a renewable energy source."

About Global Energy Holding Group

Global Energy Holdings Group is a diversified renewable energy company based in Atlanta, Georgia. Global Energy Systems develops renewable energy projects, including biomass gasification and landfill-gas-to-energy projects. Global Energy Systems also coordinates and implements energy-efficiency projects, such as cogeneration and heat recovery, for organizations that include government agencies and the U.S. military. Global Energy Holdings Group provides tailored solutions that capitalize on the nation's need for diverse energy resources, while investing in promising innovations to help power the future. The company trades under the ticker symbol GNH on the NYSE Alternext US (formerly the American Stock Exchange). For more information about Global Energy Holdings Group, please visit its Web site at http://www.gnhgroup.com.

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Global Energy Systems Signs Subcontractor Agreement with Georgia Utility

Global Energy to Develop Energy Conservation Measures for AGL Resources and Atlanta Gas Light

Atlanta, January 6, 2008 –– Global Energy Systems, a subsidiary of the diversified renewable energy company Global Energy Holdings Group, Inc. (NYSE Alternext US: GNH), today announced it has signed a subcontractor agreement with AGL Services Company, a subsidiary of AGL Resources, the parent company of six natural gas utilities including Atlanta Gas Light.  Under the terms of the agreement, Global Energy will develop a variety of services involving energy conservation measures at Atlanta Gas Light's customer owned facilities.

"This agreement with AGL Resources opens up a number of opportunities for Global Energy in the stable gas utility market," said Mike Ellis, President of Global Energy Systems.  "We are committed to developing energy conservation initiatives and providing alternative energy to AGL Resources' customers."

Atlanta Gas Light serves more than 1.5 million residential, commercial, industrial and governmental customers in 243 communities throughout Georgia.  Global Energy will institute conservation measures to reduce energy consumption and increase energy efficiency at Atlanta Gas Light's service locations.  Global Energy Systems will also identify and market energy management services to U.S. Government facilities affiliated with AGL Resources and Atlanta Gas Light.  The subcontractor agreement runs through November 2011.

"AGL Resources is looking forward to working with Global Energy in our efforts to reduce our environmental impact and expand our renewable energy offerings," said Donna Peeples, Chief Marketing Officer, AGL Resources.

About Global Energy Holdings Group

Global Energy Holdings Group is a diversified renewable energy company based in Atlanta, Georgia, with two subsidiaries. Global Energy Systems develops renewable energy projects, including biomass gasification and landfill-gas-to-energy projects. Global Energy Systems also coordinates and implements energy-efficiency projects, such as cogeneration and heat recovery, for organizations that include government agencies and the U.S. military. Global Energy Ventures invests in strategically relevant, early stage energy companies. Global Energy Holdings Group provides tailored solutions that capitalize on the nation's need for diverse energy resources, while investing in promising innovations to help power the future. The company trades under the ticker symbol GNH on the NYSE Alternext US (formerly the American Stock Exchange). For more information about Global Energy Holdings Group, please visit its Web site at http://www.gnhgroup.com.

About AGL Resources

AGL Resources (NYSE: ATG), an Atlanta-based energy services company, serves more than 2.3 million customers in six states.  The company also owns Houston-based Sequent Energy Management, an asset manager serving natural gas wholesale customers throughout North America.  As a 70 percent owner in the SouthStar partnership, AGL Resources markets natural gas to consumers in Georgia under the Georgia Natural Gas brand.  The company also owns and operates Jefferson Island Storage & Hub, a high-deliverability natural gas storage facility near the Henry Hub in Louisiana.  For more information, visit www.aglresources.com.

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Global Energy Holdings Group Appoints Key Executives

Team Brings Extensive Management and Alternative Energy Experience

Atlanta, November 10, 2008 – Global Energy Holdings Group, Inc. (NYSE Alternext US: GNH) today announced management appointments to the executive team of its subsidiary, Global Energy Systems, Inc. (GES).  GES develops renewable energy projects for commercial and governmental organizations, with a focus on biomass, landfill-gas-to-energy, waste-to-energy, utility energy service contracts and energy conservation measures.

Charlie Wall has been named Chief Operating Officer of Global Energy Systems.  A veteran of the energy industry, Wall was most recently the Vice President of Development for Jacoby Energy Development, Inc., where he was responsible for planning, directing and implementing business development opportunities.  He has twenty years’ experience in the utility industry working for Georgia Power and the Southern Company (NYSE:SO).  Wall also had a key role at Energy Systems Group (ESG), a division of Vectren Corporation (NASDAQ:VVC), where he was responsible for developing renewable energy projects.  Wall focuses on the day-to-day operations of the company, as well as pursuing appropriate strategic acquisitions and mergers. 

Bill Haynes has been named Chief Technology Officer of GES.  Haynes was formerly a Vice President of Engineering at Jacoby Energy Development, Inc., where he was responsible for engineering functions including the design and construction of landfill gas-to-energy projects, both for electricity generation and gas purification.  Haynes also led the development of a plasma arc system designed to destroy municipal solid waste and to produce synthetic gas for the production of electricity, heat, chemicals and fuels.  Previously, Haynes was a senior performance and cogeneration engineer for Energy Systems Group (ESG), a division of Vectren Corporation, where he designed self-funding projects for education, industrial, institutional, and government facilities. Haynes also has international experience, having developed projects for ten manufacturing plants in China.  He works with Charlie Wall to provide technical assessment of potential merger and acquisition candidates, and he monitors and assesses new technologies for commercial viability. 

Don White has been named Vice President of Sales and Business Development.  With over 20 years of energy project development and asset management experience, White has secured over $1 billion in energy related transactions.  White is responsible for revenue generation and cultivating new opportunities in multiple markets for GES.  Additionally, he helps formulate and execute the strategic direction of GES.

Frank Pucciano has been named Vice President of Engineering.  With 30 years of experience creating innovative solutions to energy problems in the industrial, education, and government sectors, Pucciano has extensive expertise in cogeneration, landfill, and digester gas power generation, distributed generation, building automation systems, and advanced energy conservation initiatives.  He has also been a contributing or lead engineer on over $100 million of energy projects.  Pucciano is responsible for applied engineering and oversight of all Global Energy Systems projects. 

Randy Dix has been appointed as Director of Construction and Operations.  Dix brings over 18 years of experience developing creative solutions to energy and facility challenges in the education, healthcare, commercial, and government sectors.  Randy is a key member of our management team and incorporates a “hands on” approach to implementing GES projects.

“Our new management and engineering team’s extensive experience in the renewable energy business and regulatory environment will be essential to converting key market opportunities,” said Mike Ellis, President of Global Energy Systems.  “The team’s knowledge will also help us monitor new renewable energy technologies and assess their potential to become new products and services.” 

David Ames, President and CEO of Global Energy Holdings, added, “These seasoned executives will play important roles in the development of our core business, Global Energy Systems, which incorporates a diversified mix of renewable and alternative energy technologies.”

About Global Energy Holdings Group:

Global Energy Holdings Group is a diversified renewable energy company based in Atlanta, Georgia, with two divisions. Global Energy Systems develops renewable energy projects, including biomass gasification and landfill gas-to-energy projects. Global Energy Systems also coordinates and implements energy-efficiency projects, such as cogeneration and heat recovery for organizations that include government agencies and the U.S. military. Global Energy Ventures invests in strategically relevant, early stage energy companies. Global Energy Holdings Group provides tailored solutions that capitalize on the nation’s need for diverse energy resources, while investing in promising innovations to help power the future. The company trades under the ticker symbol GNH on the NYSE Alternext US (formerly the American Stock Exchange). For more information about Global Energy Holdings Group, please visit its Web site at http://www.gnhgroup.com. 

Forward Looking Statements: 

Some of the statements made in this press release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.  These forward-looking statements are based on management’s current expectations and include known and unknown risks, uncertainties and other factors, many of which the company is unable to predict or control, that may cause the company’s actual results or performance to differ materially from any future results or performance expressed or implied by such forward-looking statements.  These statements involve risks and uncertainties, including risks and uncertainties associated with whether the new management will be successful in assisting GES in its business as expected.  These risks and uncertainties are in addition to other factors detailed from time to time in the company’s filings with the SEC, including the section entitled “Risk Factors” in its annual report on Form 10-K for the year ended December 31, 2007.  The company cautions investors that any forward-looking statements made by the company are not necessarily indicative of future performance.  The company is not responsible for updating the information contained in this press release beyond the published date, or for changes made to this document by wire services or internet services.

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Global Energy Holdings Group Appoints Steven Townsend to Board of Directors

Townsend Brings More Than 30 Years of Management and Business Development Experience to the Board

Atlanta, October 28, 2008 – Global Energy Holdings Group, Inc. (NYSE Alternext US: GNH) today announced the appointment of Steven Townsend to its Board of Directors. Mr. Townsend brings more than 30 years of senior management, financial, operational, information systems and human resources experience to the company.

Mr. Townsend was previously CEO and Chairman of United Natural Foods, Inc., from which he retired in 2005. In his 24 years at the company, Mr. Townsend held a variety of positions including Treasurer, Secretary, COO, CFO, President and CEO while the company's sales grew from $2 million in 1981 to $2.1 billion in 2004.

"Steve brings years of extensive business experience and expertise to the Board," said David Ames, President and CEO of Global Energy Holdings Group. "At Global Energy Holdings, we've assembled a talented and highly experienced team of entrepreneurs and engineers to grow the company into an important and active participant in the renewable energy sector."

About Global Energy Holdings Group

Global Energy Holdings Group is a diversified renewable energy company based in Atlanta, Georgia, with two subsidiaries. Global Energy Systems develops renewable energy projects, including biomass gasification and landfill-gas-to-energy projects. Global Energy Systems also coordinates and implements energy-efficiency projects, such as cogeneration and heat recovery, for organizations that include government agencies and the U.S. military. Global Energy Ventures invests in strategically relevant, early stage energy companies. Global Energy Holdings Group provides tailored solutions that capitalize on the nation's need for diverse energy resources, while investing in promising innovations to help power the future. The company trades under the ticker symbol GNH on the NYSE Alternext US (formerly the American Stock Exchange). For more information about Global Energy Holdings Group, please visit its Web site at http://www.gnhgroup.com.

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Global Energy Holdings Group Announces New Corporate Structure and Ticker Symbol on the New York Stock Exchange Alternext US

Xethanol Corporation Announces Name and Ticker Symbol Change

Atlanta, October 28, 2008 – Global Energy Holdings Group, Inc. (NYSE Alternext US: GNH), formerly known as Xethanol Corporation, has begun trading under the new ticker symbol GNH. Global Energy is an Atlanta-based diversified renewable energy company with two subsidiaries, Global Energy Systems and Global Energy Ventures.

Global Energy Systems develops renewable energy projects with a focus on biomass and landfill-gas-to-energy. It also implements energy conservation and alternative energy projects for commercial and governmental organizations across the United States, including government agencies and the U.S. military. Global Energy Ventures invests in early stage, strategically relevant energy companies.

"At Global Energy Holdings, we recognize that there is no single solution to our nation's energy challenges," said David Ames, President and CEO of Global Energy Holdings Group. "We must take immediate steps to lessen our dependence on fossil fuels by implementing mature alternative energy and conservation technologies. It is equally important we invest in a variety of emerging technologies to help grow the sector and take advantage of our nation's vast renewable energy potential."

Global Energy Holdings Group recently restructured its management team. This team has extensive experience in developing companies in various sectors of the energy markets. In addition, the company's engineering staff has significant expertise in biomass gasification, cogeneration, heat recovery and energy conservation projects.

Global Energy Holdings Group previously traded on the AMEX under the name Xethanol Corporation (AMEX: XNL).

About Global Energy Holdings Group

Global Energy Holdings Group is a diversified renewable energy company based in Atlanta, Georgia, with two subsidiaries. Global Energy Systems develops renewable energy projects, including biomass gasification and landfill-gas-to-energy projects. Global Energy Systems also coordinates and implements energy-efficiency projects, such as cogeneration and heat recovery, for organizations that include government agencies and the U.S. military. Global Energy Ventures invests in strategically relevant, early stage energy companies. Global Energy Holdings Group provides tailored solutions that capitalize on the nation's need for diverse energy resources, while investing in promising innovations to help power the future. The company trades under the ticker symbol GNH on the NYSE Alternext US (formerly the American Stock Exchange). For more information about Global Energy Holdings Group, please visit its Web site at http://www.gnhgroup.com.

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