FirmGreen Inc. Is Named Ex-Im Bank Renewable-Energy Exporter of the Year

   FirmGreen Inc. Is Named Ex-Im Bank Renewable-Energy Exporter of the Year

PR Newswire

WASHINGTON, April 4, 2013

Ex-Im Financing helps company create 165 American jobs

WASHINGTON, April 4, 2013 /PRNewswire-USNewswire/ -- FirmGreen Inc.
(FirmGreen), a small renewable-energy company based in Newport Beach, Calif.,
received the Renewable-Energy Exporter of the Year award from the
Export-Import Bank of the United States (Ex-Im Bank). The award was presented
at the Bank's 38th Annual Conference in Washington, D.C.

(Logo: http://photos.prnewswire.com/prnh/20110414/MM83673LOGO)

"FirmGreen is a great example of how American companies can remain globally
competitive in the renewable energy sector," said Ex-Im Bank Chairman and
President Fred P. Hochberg. "With great products and innovative ideas, there
is no doubt that FirmGreen is a leader in this exciting field. I am proud that
FirmGreen is receiving our Renewable-Energy Exporter award and look forward to
working with them on future projects that protect our environment while
promoting and sustaining U.S. jobs."

"Ex-Im Bank has enabled us to expand from domestic sales only to a strong and
growing export business, thanks to critical financing and technical advice
nobody else would provide," said FirmGreen CEO Steve Wilburn. "Our experience
with Ex-Im has been overwhelmingly positive, and we look forward to
collaborating on future endeavors."

FirmGreen and other U.S. green-technology suppliers benefitted from a $48.6
million loan from Ex-Bank. The Bank's financing is supporting the export of
equipment and services for the development of the Novo Gramacho biogas project
in Brazil.

According to FirmGreen, this project will directly generate 165 new jobs at
its facilities and at other companies in seven states: Indiana, Wisconsin,
Ohio, California, Michigan, Missouri and Texas.

The loan borrower, Gas Verde S.A., is the project owner and will operate the
Novo Gramacho biogas plant located at the 140-hectare Jardim Gramacho landfill
near Rio de Janeiro. The biogas plant will convert the site's "dirty" methane
gas (a by-product of trash decomposition that lingers for years and is more
environmentally harmful than carbon dioxide) into clean, usable biomethane
gas.

Over the last four years (FY 2009 through FY 2012), Ex-Im Bank has provided
increased financing for American-made renewable-energy exports to global
markets. This support shows an overall positive trend ($355.5 million in FY
2012, $721.4 million in FY 2011, $332 million in FY 2010 and $101 million in
FY 2009).

Ex-Im Bank's 2013 Annual Conference will feature prominent members of the
business and government community including Vice President Joe Biden,
Transportation Secretary Ray LaHood, former Treasury Secretary Larry Summers,
former National Security Advisor General James Jones, Xerox Corporation CEO
Ursula Burns, and Citibank Chairman Michael O'Neill. A full listing of
speakers, panelists, and moderators is available on Ex-Im's website:
www.exim.gov

About FirmGreen
FirmGreen Inc. is a privately held, integrated energy company that
participates in virtually all aspects of the global green-energy business.
FirmGreen identifies, develops and commercializes new and emerging
technologies and alternative fuels. The company has 37 employees at its
headquarters in Newport Beach, Calif., its lab and manufacturing plant in
Kokomo, Ind., and its green-energy project-financing operations in New York
City. The company also has U.S.-based employees in Brazil. For more
information on this privately held, entrepreneurial organization, please visit
www.firmgreen.com, Facebook and Twitter.

About Ex-Im Bank
Ex-Im Bank is an independent federal agency that helps create and maintain
U.S. jobs by filling gaps in private export financing at no cost to American
taxpayers. In the past five years (from Fiscal Year 2008), Ex-Im Bank has
earned for U.S. taxpayers nearly $1.6 billion above the cost of operations.
The Bank provides a variety of financing mechanisms, including working capital
guarantees, export-credit insurance and financing to help foreign buyers
purchase U.S. goods and services.

Ex-Im Bank approved nearly $35.8 billion in total authorizations in FY 2012 –
an all-time Ex-Im record. This total includes more than $6.1 billion directly
supporting small-business export sales – also an Ex-Im record. Ex-Im Bank's
total authorizations are supporting an estimated $50 billion in U.S. export
sales and approximately 255,000 American jobs in communities across the
country. For more information, visit www.exim.gov.

SOURCE Export-Import Bank of the United States

Website: http://www.exim.gov
 
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