This solar farm will cover an area of approximately 100,000 square meters and will supply energy directly to the regions electrical utility company.
Orlando, FL, July 14, 2011 - Diversified Global Holdings Group Inc. (OTCQB: DGHG), announced today that its wholly owned subsidiary Xerxis Consulting LLC signed a Letter of Intent with the Ukrainian Government to assist in the installation of multimillion Euro solar farm. On June 1, 2011 the European Bank for Reconstruction and Development announced its readiness to invest in the development of renewable energy in Ukraine.
Xerxis will be responsible for the installation of this state of the art facility of which completion costs are estimated to be approximately 810 million Euros and will employ Xerxis for a minimum of 4 years. This solar farm will cover an area of approximately 100,000 square meters and will supply energy directly to the regions electrical utility company.
"This solar farm will have a significantly positive impact on Europe's energy supply," said Richard Lloyd, CEO of Diversified Global Holdings Group. Mr. Lloyd continued, "Upon successful completion of this Solar Farm, DGHG intends to repeat this type of installation in the United States and China."
About Xerxis Consulting LLC;
Xerxis Consulting is a full-service Human Resources company focused on three areas of operation: global employment provider, international business consultant, and e-commerce solution developer. Utilizing its global network of personnel service providers, Xerxis Consulting specializes in the staffing of skilled labor and temporary employment through its access to thousands of skilled workers worldwide. Xerxis' management holds extensive experience in international contract negotiation, jurisdiction disputes, customs and cross-border relations and procedural disputes. Uniting these skill sets, Xerxis partners with manufacturing enterprises in the implementation of time-limited, large-scale projects and serves as the intermediary between the executing service providers and the manufacturing clients. Xerxis's access to unique quantities and qualities of skilled staff in all industries combined with its seasoned management is proven to facilitate the flexible execution of worldwide projects -- just in time. For additional information, visit (http://www.xerxis-consulting.com).
About Diversified Global Holdings Group Inc:
Diversified Global Holdings Group (OTCQB: DGHG) is a rapidly growing holdings company with strong subsidiaries worldwide. Since inception DGHG has completed 11 acquisitions and proven its M&A strategy. DGHG intends to continue its expansion in emerging markets by leveraging its 5 divisions into 12 major market sectors. For more information, visit DiversifiedGlobalHoldings.com (http://www.dghold.com).
Suzanne Holbrook
Contact
Mr. Richard Lloyd
Diversified Global Holdings Group Inc.
800 N. Magnolia Ave. # 105
Orlando, FL 32803
PHONE. 407-843-3344
FAX. 407-843-2344
This press release may include 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. These statements are based on the Company's current expectations as to future events. However, the forward-looking events and circumstances discussed in this press release might not occur, and actual results could differ materially from those anticipated or implied in the forward-looking statements.
Contact:
Mr. Richard Lloyd
Diversified Global Holdings Group Inc.
800 N. Magnolia Ave. # 105
Orlando, FL 32803
407-843-3344
