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MACTEC and MGM Innova Announce Strategic Alliance in Carbon Management Services

Posted on: Thursday, 15 October 2009, 23:01 CDT

ALPHARETTA, Ga. and MIAMI, Oct. 16 /PRNewswire/ -- MGM Innova, LLC (MGM Innova) and MACTEC Engineering and Consulting, Inc. (MACTEC) have announced a strategic alliance in carbon management services. Marco G. Monroy, President and CEO of MGM Innova, and Allen Kibler, President of MACTEC Engineering and Consulting, Inc., made the joint announcement.

MGM Innova and MACTEC will become the leading provider of integrated solutions across the carbon management supply chain for federal, commercial, municipal, energy and industrial clients. The alliance combines MGM Innova's global experience in carbon management strategy development, carbon finance and regulatory analysis, emission reduction project development, and monetization of credits, with MACTEC's experience in engineering, project permitting, construction, and O&M to provide cost effective solutions for carbon management challenges.

"Based on our experience in the US, Latin America, Europe, and Asia, helping clients reduce their carbon footprint in an efficient and cost effective manner requires integrating financial, regulatory, and engineering services," said Monroy. "The MGM Innova and MACTEC alliance provides clients with a unique team of financial, regulatory, and technical specialists, who understand how to identify, design, construct, and monetize carbon projects."

"Our industrial, commercial, and governmental clients are concerned about the financial impact of carbon regulations on their businesses," said Kibler. "MGM Innova and MACTEC have combined our knowledge to make sure the impact is minimized by assuring that projects are designed, built, and monetized in the most efficient and beneficial manner possible."

MGM Innova (www.mgminnova.com), based in Miami, is a global carbon project development company, a provider of integrated low carbon solutions, and a leader in innovative technical and financial solutions for projects related to climate change mitigation and adaptation under Kyoto, voluntary and pre-compliance markets. MGM Innova has developed a proven track record in the carbon market through the identification, design, negotiation, execution, monitoring and commercialization of projects that mitigate CO2, CH4, N2O, HFC, PFC and SF6 emissions worldwide. MGM Innova's technical team includes highly trained, internationally recognized experts including two professionals who received the Nobel Prize in 2007 for their contributions to knowledge with the Intergovernmental Panel on Climate Change.

MACTEC (www.mactec.com), based in Alpharetta, GA, is a leading engineering and design, environmental, and construction firm focused on four strategic business lines: Industrial/Commercial, Infrastructure (Transportation and Municipal), Energy, and Federal. MACTEC offers an ever-broadening portfolio of sustainable solutions, from renewable energy to industrial facility asset management, and can administer a project from beginning to end. With annual revenues over $490 million, MACTEC's 3,000-plus employees work from over 80 offices nationwide. MACTEC consistently ranks in the top 10% of Engineering News-Record's Top 500 Design Firms.

Contact: Pat Pontoriero Vice President MACTEC Engineering and Consulting, Inc. 412/279-6661 ppontoriero@mactec.com Alfredo Nicastro Senior Vice President MGM Innova, LLC 305/546-2687 anicastro@mgminnova.com Neal Leavitt Leavitt Communications (760) 639-2900 neal@leavcom.com

SOURCE MGM Innova, LLC

Source: PR Newswire

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