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Marsh Canada Becomes Advisor to Greenscape Capital Group
Marsh Canada Becomes Advisor to Greenscape Capital Group
Published 03-24-10
Submitted by Greenscape Capital Group Inc.
(Marketwire) - Greenscape Capital Group Inc. (TSX VENTURE: GRN) Announcement Highlights:
- Greenscape's unique first-mover status with new energy retrofit model attracts Marsh as advisor
- Marsh is the world leading risk and insurance advisor and a unit of Marsh & McLennan Companies
- Greenscape enters rapid growth phase
Greenscape Capital Group Inc. ("Greenscape") is pleased to announce that it has appointed Marsh Canada Limited ("Marsh") as an advisor to the company as it embarks on an aggressive growth phase of its energy retrofit business.
Marsh is the world's leading insurance broker and risk advisor and provides advice and transactional capabilities in more than 100 countries. Marsh is a unit of Marsh & McLennan, a company with annual revenues in excess of $11 billion.
Marsh's Vancouver Construction and Design Practice will provide insurance product placement, insurance and risk consulting services for Greenscape's corporate and project needs on a global basis. Greenscape chose Marsh for its extensive experience in creating project specific programs as well as its established ability of proactively meeting the needs of its clients. Marsh is targeting emerging opportunities in the global construction arena, including energy retrofitting, and recognizes the opportunity and fit in working with Greenscape due to Greenscape establishing a first-mover status in the energy retrofit sector with a unique business model based on the energy savings participation structures that it enters into with clients.
Bryan Slusarchuk, Greenscape CEO, states, "Greenscape is positioning itself to rapidly scale operations. You can see this through the debt financing engagement that we have announced, the supply chain relationship that we have enacted and now the involvement of Marsh. We are building out our structural capability based on a foundation of excellent partnerships and appointments as we expand operationally."
About Marsh
Marsh, the world's leading insurance broker and risk advisor, has more than 23,000 employees and provides advice and transactional capabilities to clients in more than 100 countries. Marsh Canada Limited serves the needs of its clients through a network of 1,100 colleagues and offices in 13 Canadian cities. Marsh is a unit of Marsh & McLennan Companies, Inc. (MMC), a global professional services firm with approximately 52,000 employees and annual revenue exceeding $11 billion. MMC also is the parent company of Guy Carpenter, the risk and reinsurance specialist; Mercer, the provider of HR and related financial advice and services; Oliver Wyman, the management consultancy; and Kroll, the risk consulting firm. MMC's stock (ticker symbol: MMC) is listed on the New York, Chicago and London stock exchanges. MMC's Web Site is www.mmc.com. Marsh's Web sites are www.marsh.ca and www.marsh.com.
About Greenscape Capital Group
Greenscape Capital Group increases environmental sustainability, social responsibility, and profitability of companies and their operations. Greenscape Capital owns 100% of Green.Switch Capital, a Canadian based company focused on dramatically increasing the profitability of commercial facilities through enhanced energy efficiency and environmental best practices. Green.Switch provides full-service energy retrofitting for commercial clients. The Green.Switch energy retrofit process begins with the assessment of client issues and infrastructure, through to project design, capitalizing improvements, attaining government incentive grants when applicable, contracting, installation and monitoring. When marked opportunities arise, Greenscape also invests in other companies that operate in the environmental space, providing strategic capital and business advisory services to assist companies in achieving their environmental and corporate goals. www.greenscapecapital.com. www.greenswitchcapital.com.
ON BEHALF OF THE BOARD
Bryan Slusarchuk, CEO and Director
Disclaimer for Forward-Looking Information
Certain statements in this release are forward-looking statements, which reflect the expectations of management regarding future revenues and contracts. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur, when they will occur, or if they do occur, what benefits the company will obtain from them.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
