67 WALL STREET, New York - August 18, 2014 - The Wall Street Transcript has just published its Alternative Energy & Utilities Report offering a timely review of the sector to serious investors and industry executives. This special feature contains expert industry commentary through in-depth interviews with public company CEOs and Equity Analysts. The full issue is available by calling (212) 952-7433 or via The Wall Street Transcript Online.
Topics covered: Asia Pacific Demand for Solar Energy - Government Subsidies and Regulation - Solar Growth Drivers and Headwinds - Regulatory Headwinds for U.S. Utilities - Alternative Energy Generation - Utility Infrastructure Capital Expenditures - New Market Opportunities in Energy - Electric Vehicles
Companies include: CBD Energy Limited (CBDE) and many more.
In the following excerpt from the Alternative Energy & Utilities Report, the Executive Chairman and Managing Director of CBD Energy Limited (CBDE) discusses company strategy and the outlook for this vital industry:
TWST: Please begin with a brief introduction to CBD Energy, including some highlights from your history and an overview of your current operations, including the three divisions.
Mr. McGowan: CBD Energy was formed in 1989. It transitioned into the renewable energy sector around 2006. We have three divisions. We have a solar division that operates in Australia, the U.K. and the U.S., we have a wind division that operates in Australia, and we have an energy-efficiency business that operates in Australia.
TWST: I know that you recently came to the U.S. and did a second offering to get on the Nasdaq. Can you tell us a little bit about that process for the company?
Mr. McGowan: The reason we decided to delist from the Australian Stock Exchange is the ASX doesn't really have a clean-tech sector. It's really a mining exchange, and it was always difficult for us to raise capital for the sort of industry that we are in. We decided we wanted to come to the U.S. because it has the world's leading clean-tech market. Initially, we came onto the OTCBB in February. And about two weeks ago, we uplisted onto the Nasdaq.
In terms of the process, this has taken us over two years of work and probably closer to three to transition off the ASX into the U.S. We had to reaudit our last three years' financials in order to comply with international reporting standards. The paperwork and process we have had to go through is very significant, and was a huge and expensive exercise. However, the task of getting here is now over, and we are looking very much to the future.
TWST: Tell us a little bit about the current customers that you serve. And what geographic and vertical markets are you targeting as you look to expand your customer base?
For more of this interview and many others visit the Wall Street Transcript - a unique service for investors and industry researchers - providing fresh commentary and insight through verbatim interviews with CEOs, portfolio managers and research analysts. This special issue is available by calling (212) 952-7433 or via The Wall Street Transcript Online.
- Utility Industry
- Renewable Energy & Energy Saving
- Solar Energy