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Atlantic Wind & Solar Appoints Mr. Gunnar Helgason to Lead Sustainable Living Construction Initiative

TORONTO, Jan. 26, 2016 (GLOBE NEWSWIRE) -- Atlantic Wind & Solar Inc. (OTC:AWSL) is pleased to announce the appointment of Mr. Gunnar Helgason as Executive Director and head of Sustainable Living Homes Division.

Mr. Gunnar Helgason, B.A., M.I.M.
Mr. Helgason brings acumen and experience from a career already spanning over 20 years in management. He has lived and worked in Hong Kong and many countries throughout Asia and Europe. Prior to joining Atlantic Wind and Solar, he managed trading companies involved in consumer goods. He has a broad based education including a Bachelor’s degree in Marketing and Master’s degree in International Management majoring in Finance and Insurance from the venerable Thunderbird School of Management.

Mr. Helgason was a developer of real estate in Hong Kong and Thailand which included the development of commercial resort properties and residential homes and condominium developments.

President & CEO of Atlantic Wind & Solar, Mr. John S. Wilkes commented. "It is the wealth of contacts globally and real estate development experience that makes Mr. Helgason a prime addition to AWSL helping insert new opportunities whilst maintaining sound business principles. I look forward to working with him on this exciting new sustainable real estate development."

Commenting on the appointment Mr. Helgason words were “this is a well timed opportunity to combine my experience in real estate together with Atlantic's development initiatives. The available evidence seems to me to demonstrate that off-grid communities have succeeded and flourished in several parts of the world. Lasqueti Island or Port Neville in British Columbia which have long histories and the denser examples in Hawaii and California make a clear case. In fact the publisher of Home Power Magazine, Richard Perez notes that there were a quarter million off-grid households in the United States in 2007. This speaks to the opportunity we have."

Commenting further, "Our objective should be to leverage our business plans by engaging in ventures with appropriate parties that will be able to augment those plans and provide value for our shareholders and property owners. I'd like to see our investments in Bahamas and Colombia developed into sustainable communities using our own technologies in conjunction with heirloom foods, planned communities, and enriched learning.”

Management looks forward to updating our shareholders on this initiative as well as our energy plant projects in coming news releases.

About our Sustainable Living
The Sustainable Living team has spent years in designing and engineering high performance homes that are superior to any other new home offered to the public today. Sustainable zero energy homes have a combination of energy efficiency, sustainability, safety, healthy living environment and performance elements that can only be found in our communities and homes. To read our recent release of this initiative see http://www.atlanticwindandsolar.com/news-92b.html

About Atlantic Wind and Solar Inc.
Atlantic is a developer of utility scale renewable energy plants with over 1 GW of projects at various stages of development in Canada, South America, South Asia and the Caribbean.

To read the full report and/or sign up for news alerts and updates visit the company's web site at: http://www.AtlanticWindandSolar.com.

For stock quotes and charts visit: http://www.otcmarkets.com/stock/AWSL/quote

Disclaimer: Shareholders and investors are strongly cautioned against placing undue reliance on information set forth within this website and these communications in making any investment decisions concerning our securities. The matters set forth in this press release are forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially. These risks are detailed from time to time in the Company's periodic reports filed with the OTCMarkets.com including the company's Annual Report, Quarterly Reports and other periodic filings. These forward-looking statements speak only as of the date hereof. The Company disclaims any intent or obligation to update these forward-looking statements. Nothing within this site is meant to be a solicitation to buy or sell our securities. Investing in over the counter (OTC) securities often carries a high degree of risk. Please contact your financial advisor before investing in our securities.

Atlantic Wind & Solar Inc. Main: +1 (416) 900-0380 Toll Free: +1 (800) 891-1657 Email: info@atlanticwindandsolar.com

Source:Atlantic Wind & Solar Inc.