Entrepreneur Steve Walker, President and CEO of New England Wood Pellet, Chosen as Finalist for Prestigious Award

June 1, 2009

JAFFREY, N.H., June 1 /PRNewswire/ — Propell Energy is pleased to announce that Steve Walker, president and CEO of its parent company, New England Wood Pellet, LLC, is a finalist in this year’s New England regional Ernst & Young Entrepreneur Of The Year award program. Now in its 23rd year, Ernst & Young’s Entrepreneur of the Year is the world’s most prestigious business award for entrepreneurs. It honors outstanding entrepreneurs who inspire others with their vision, leadership, and achievement. Steve Walker perfectly embodies the entrepreneurial spirit that the contest recognizes.

When he founded New England Wood Pellet in 1992, Walker introduced wood pellet fuel manufacturing to the Northeastern U.S. As he built the company, he tackled challenges in all areas of the business, from developing equipment and processes to publicizing the benefits of pellet stoves. Last year, he undertook a new entrepreneurial challenge – the creation of Propell Energy, which imports, sells, and services state-of-the-art European pellet boiler systems for municipal and commercial applications.

Steve Walker is one of 35 entrepreneurs from across New England to be chosen as a finalist for the regional Ernst & Young Entrepreneur Of The Year award. The other finalists are leaders of pharmaceutical, technology, and financial services businesses; military contracting firms; health care and biotech companies; and an organization that connects teens with celebrities and other prospective role models. The winner of the New England regional competition will be announced in mid-June.

About Propell Energy

Propell Energy was formed in August 2008 as a wholly owned subsidiary of New England Wood Pellet, LLC. Based in Jaffrey, N.H., Propell Energy imports, sells, and services commercial wood pellet heating systems. Propell Energy is also a bulk distributor of locally sourced wood pellets. For more information about Propell Energy, visit our website at www.propellenergy.com or contact Jake Goodyear at jgoodyear@propellenergy.com or 603.532.4668, ext.214.

About New England Wood Pellet, LLC

New England Wood Pellet, LLC is the largest manufacturer and distributor of clean, renewable wood pellet fuel in the Northeastern United States. Its two plants, located in Jaffrey, N.H., and Schuyler, N.Y., jointly produce around 150,000 tons of wood pellets per year. Cost-effective, clean, carbon-neutral, abundant, and renewable, wood pellets are a win-win alternative to fossil fuels. For more information about New England Wood Pellet, LLC, contact Charlie Niebling at cniebling@pelletheat.com or 603.532.4666, ext.122.

SOURCE Propell Energy

Source: newswire

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