
GREEN TECH COMPANY BPL GLOBAL APPOINTS VICE PRESIDENT OF MERGERS & ACQUISITIONS
PITTSBURGH, PA. – December 17, 2007 – BPL Global™, Ltd., (BPLG) a green technology company dedicated to leading the transformation of how energy and information are delivered, has appointed Peter Londa as Vice President of Mergers & Acquisitions.
Mr. Londa will be responsible for evaluating target acquisition opportunities in the technology sector, as well as executing financing strategies for the company. In his new position, Mr. Londa will play a significant role in expanding BPLG’s product offering, international presence and business capability. He will report to CEO Keith Schaefer.
Prior to joining BPL Global, Mr. Londa was vice president for The Chart Group, L.P., in New York and . There, he worked with Middle East investors to evaluate and manage direct private equity and venture capital investments in technology companies. At The Chart Group, Mr. Londa was responsible for advising companies on mergers & acquisitions and executing private placements. Mr. Londa also supported clients to expand their operations in the Gulf Corporation Council (GCC) countries of the Middle East.
While working at The Chart Group, Mr. Londa became a board member of BPLG representing Al-Deera Holding Company KSE: ALDEERA.
“As an advisor and board member, Pete has made significant contributions to BPL Global in the areas of financing and acquisitions,” said Abdulwahab Ahmad Al-Nakib, Chairman and Managing Director of Al-Deera Holding Company. “Now as part of BPLG’s leadership team, Pete brings business talent and financial discipline to accelerate company growth as the smart grid industry moves to the expansion phase for this emerging technology.”
Before his position at The Chart Group, Mr. Londa was the director of strategic initiatives for Thoughtworks Inc., a private technology company where he developed and managed international operations in and .
“We are delighted to have Pete on board. His international financing and acquisition experience in investment banking will help accelerate profitable revenue growth for BPL Global on an international scale for our company,” said Mr. Schaefer. “Pete has been a valued advisor and board member. His work has been integral to building a successful company.”
“I am pleased to be working with such a great team of people and am excited to be part of helping BPL Global expand on a global basis,” Mr. Londa said. “The smart grid industry is moving into a period of consolidation to create strong global businesses capable of providing solutions to the electric utility industry.”
Mr. Londa graduated with honors from Emory University where he earned his bachelor’s degree in Economics. He returned to Emory where he then earned his J.D. and MBA.
About BPL Global
BPL Global, Ltd. (BPLG) is a software solutions company dedicated to leading the transformation of how energy and information are delivered. The company provides Distribution Intelligence Solutions to electric utilities enabling an intelligent grid to more efficiently manage demand, integrate distributed energy resources, improve service reliability, and optimize cost and capital productivity. BPL Global partners with local utilities, ISPs, equipment suppliers and financiers to create end-to-end solutions integrating the best in software, communications, hardware and managed services to aggressively deploy our solutions around the world. Our applications provide the critical foundation for a coordinated, intelligent grid to deliver energy more efficiently for a greener environment.