Blue Earth Signs to Acquire an Epcm Company Expected to Generate Over $800 Million in Revenues

Blue Earth Signs to Acquire an Epcm Company Expected to Generate Over $800 
Million in Revenues 
HENDERSON, NV  -- (Marketwired) -- 04/15/13 --   Blue Earth, Inc.
(OTCQB: BBLU), a renewable energy and energy efficiency services
company, announced today that it has signed a binding LOA to acquire
an EPCM company (engineering, procurement, construction management
company) and an affiliated renewal energy company (the
"Acquisitions") that specialize in the combined heat and power
("CHP") alternative energy space. Initially, the Acquisitions are to
build seven projects for a substantial New York Stock Exchange
customer that are expected to generate over approximately $100
million in EPC revenues from the date of the close through December
31, 2014. Recurring revenue from power production is forecasted to
contribute up to over approximately $800 million in revenue with
EBITDA's of over approximately $200 million to Blue Earth, over a
ten-year period after completion of construction. 
Closing is contingent upon due diligence with the customers, project
finance sources and other items customary for transactions of this
type. The acquisition will be through the issuance of restricted
shares of BBLU common stock subject to vesting schedules based upon
the completion of milestones. 
Dr. Johnny Thomas, CEO/President of BBLU, notes that "Projects of
this size will accelerate BBLU's revenue growth and the transition
from negative EBITDA for 2012 to positive EBITDA for 2013. We are
very excited about adding additional experienced management and EPCM
professionals to our BBLU team. This EPCM group specializes in
development, engineering and management of CHP projects, while
subcontracting much of the construction. Therefore, the new team will
be complementary to our Xnergy team that also provides construction
teams for CHP projects, in addition to developing and engineering
About BBLU 
BBLU is engaged in the clean technology industry with a primary focus
on the energy efficiency and renewable energy sectors. We strive to
participate in the global movement for a sustainable planet by
offering products and services that will optimize energy use, reduce
harmful environmental emissions and substantially reduce energy costs
to our customers. For more information about Blue Earth, Inc., please
Forward Looking Statements
This press release contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933 and Section 21E
of the Securities Exchange Act of 1934. All statements other than
statements of historical facts included in this press release are
forward-looking statements. These statements relate to future events
or to the Company's future financial performance, and involve known
and unknown risks, uncertainties and other factors that may cause our
actual results, levels of activity, performance or achievements to be
materially different from any future results, levels of activity,
performance or achievements expressed or implied by these
forward-looking statements. Investors should not place any undue
reliance on forward-looking statements since they involve known and
unknown, uncertainties and other factors which are, in some cases,
beyond the Company's control which could, and likely will, materially
affect actual results, levels of activity, performance or
achievements. Any forward-looking statement reflects the Company's
current views with respect to future events and is subject to these
and other risks, uncertainties and assumptions relating to
operations, results of operations, growth strategy and liquidity.
Such risks, uncertainties and other factors, which could impact the
Company and the forward-looking statements contained herein are
included in the Company's filings with the Securities and Exchange
Commission. The Company assumes no obligation to publicly update or
revise these forward-looking statements for any reason, or to update
the reasons actual results could differ materially from those
anticipated in these forward-looking statements, even if new
information becomes available in the future. 
Investor Relations Contact:
Blue Earth, Inc. 
John C. Francis 
702.263.1808 Ext. 103  
Liviakis Financial Communications, Inc. 
Michael Bayes 
Press spacebar to pause and continue. Press esc to stop.