Renewable Innovations and Nestbuilder (OTC:NBLD) Merge with Goals to Accelerate Clean Energy Adoption

little child playing with bubbles in a green field

Renewable Innovations, Inc. brings industry leading, grid independent tech to market

New York, NY, December 01, 2022 – Renewable Innovations, Inc. (RI), a leader in clean, hydrogen fuel cell energy systems, today announces its merger with Nestbuilder.com Corp. (OTC:NBLD). With a focus on commercial applications for hydrogen-powered systems, RI designs and manufactures primary and backup power generation systems for rapid EV charging, office parks, data centers and retail facilities as well as infrastructure solutions and systems.

Renewable Innovations shareholders will retain ninety-three percent (93%) of the publicly traded entity, which has been renamed Renewable Innovations, Inc. The Company intends to leverage its breakthrough hydrogen fuel cell technology, bringing grid independent, clean, renewable solutions for power generation and sustainability to the market. Plans include expansion into retail power distribution, especially along the US highway system through organic growth and acquisitions. Currently, the company is in production on orders for government and private company projects. Renewable Innovation’s integration technology allows for rapid charging of a vehicle in under 20 minutes, offering a significant time savings over current EV charging portals. Since the hydrogen-fueled systems require no grid infrastructure, they can be provisioned anywhere that rapid, carbon-free power is needed.

“With the global focus and increased investments on sustainable and clean energy solutions, this is the perfect time to bring our proprietary technology to the public markets,” noted industry veteran Robert Mount, CEO of Renewable Innovations. Alex Aliksanyan, CEO of Nestbuilder added “We are excited to be partnering with Renewable Innovations, a first in class, hydrogen based, electric power product manufacturer. We see a limitless future for the company.”

Renewable Innovations, Inc. will continue to trade on the OTCQB marketplace maintained by OTC Markets Group, Inc. under the symbol “NBLD” until such time as FINRA approves the name and symbol change. The Company intends to file for a listing on NASDAQ as soon as it is eligible.

About Renewable Innovations

Renewable Innovations is accelerating the growth and opportunities within the renewable economy. Their team of industry leaders brings extensive experience and invaluable connections across the Renewable, Hydrogen, and Alternative Energy sectors. Along with their partners, investors, and clients, they are making major technological advancements with products and solutions to lead the world into a new and exciting carbon-free future. Learn more at Renewable-Innovations.com.

Contact information:
Lynn Barney
Chief Financial Officer
investor@renewable-innovations.com

This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created thereby. Forward-looking statements may be identified by the use of words like “plans,” “expects,” “will,” “anticipates,” “believes,” “intends,” “projects,” “targets,” “estimates” or other words of similar meaning. Forward-looking statements are based on certain assumptions and expectations of future events which may not be accurate or realized, and involve risks and uncertainties, many of which are beyond Renewable Innovations’ control, including but not limited to regulatory approvals and market conditions. A discussion of factors that may affect future results is included in Renewable Innovations' filings with the Securities and Exchange Commission. Renewable Innovations disclaims and does not undertake any obligation to update or revise any forward-looking statement, except as required by applicable law.

Previous
Previous

Renewable Innovations (NBLD) Offers Mobile Power Generator (MPG) Systems and Will Use General Motors (GM) gen2 Hydrogen Fuel Cells

Next
Next

Renewable Innovations and e-Link Commuting Co. Ltd Collaborate to Accelerate Net-Zero Waterway Transportation