Press Releases...

July 2010

ININCORP has initiated the development of a 250 MW coal plant in northern Colombia. After a very thorough analysis, ININCORP has purchase a properly located 75 acre plot in Colombia, for the developing the power plant in Northern Colombia.

July 2010

ININCORP presented the TERMOPALERMO power project during the Andean Energy Summit held in Bogota, Colombia. Mr. J.M. “George” Castellanos, President of ININCORP was a speaker at the conference. PIC MARUBENI ENERGY SERVICES and the CENTRAL AMERICAN BANK OF ECONOMIC INTEGRATION, where members of the TERMOPALERMO presentation panel.

June 2010

ININCORP has achieved two important milestones in the TermoPalermo project.

One is the approval by the Ministry of Environmental Affairs to consider the viability of the project and approving the DDA for TermoPalermo and the secondly entering into a entered into a site purchase agreement with Grupo Retramar (Colombia) for the location of the TermoPalermo Project at the originally conceived riverside location.

Additionally, ININCORP has contracted the procurement for the Environmental License for the project, which is expected to be approved by November 2010.This two milestones will expedite the development process

April 2010

ININCORP has strengthened its presence in the security services sector.

ININCORP has entered into an alliance with Cerberus Security to augment its portfolio of services on a global scale.

Due to the nature of the business, the details of the agreement are confidential.

March 2010

ININCORP has entered the Renewable Energy sector with a splash has establishes an alliance with Repowering Solutions (SPAIN) to develop renewable projects ( wind, biogas, biomass) on a Global Scale.

Initial development efforts are oriented to Central Europe (Georgia and Rumania) and Central American, Northern South America and the Caribbean ( Puerto Rico, Colombia, Panama,Honduras)

February 2010

ININCORP in its continued consolidation in the Middle East has established an alliance with Al Alwan Contracting of Al-Khobar, Kingdom of Saudi Arabia.

This alliance should prove to be a major stepping stone into the consolidation of ININCORP in the region.

January 2010

ININCORP has committed to be a leading power project development in the Iraq,Kuwait,Saudi Arabia region.

ININCORP has appointed Mr. Hussein Al Kanaan as a permanent director/representative in the region, and Mr. Al Kanaan will be stationed in Kuwait.

September 2009

ININCORP has initiated the development of the Termo Iraq I project in Iraq.

The Termo Iraq I project is a 60 MW dual fuel ( natural gas/diesel) power plant, utilizing reciprocating engines and providing firm energy under a long term contract. Commercial operations for the project is expected to be the fourth quarter of 2010.

August 2009

ININCORP has established a partnership with MACCRON of the Philippines to develop power project in the Asia Pacific Region.

This initiative will be managed from the ININCORP offices in Manila.

June 2009

ININCORP has initiated the development of the Termo Palermo project in Colombia.

The Termo Palermo project is a project to be develop in phase, with an initial phase of 60 MW dual fuel ( natural gas/diesel) power plant, utilizing reciprocating engines and providing firm energy under a long term contract.

Total project capacity is expected to exceed 500 MW in a three years period.

Commercial operations for the project is expected to be the first phase for the First quarter of 2011.

May 2009

ININCORP and a selected group of investors have establish an investment fund oriented to own power projects on a global basis.

The investment fund name is ZEUZ and will target power projects in emerging markets.

The fund is expected to aggregate US $ 200 Million and be fully funded by November 2009